Sommerset in Brentwood - November 2009 Market Report
Sommerset is a dynamic community in Brentwood California for people 55 plus. This Sommerset Market Report focuses on Sommerset, Summerset, and other 55 plus communities in Brentwood.
Sommerset Communities feature single family homes and duplexes. This report focuses on the Current Sommerset Market and the homes sold in the Sommerset Communities in October and September.
Currently there are 21 homes for sale in the Sommerset Community. The average asking price of those homes is $459,406.00 and the median asking price is $439,950.00. The currently active homes have spent and average of 68 days on the market and have an average asking price of $227.00 per SF.
In September there were 6 homes sold in Sommerset Communities. The average selling price was $290,650.00 and the median selling price was $262,500.00. The average days on market was 57 and the average selling price per SF was $194.00.
In October there were only 3 homes sold in Sommerset Communities. The average price was $316,166.00 and the median price was $292,500.00. These homes spent an average of 36 days on the market and sold for $192.00 per SF.
The cost of a home in Sommerset is more expensive than a home in Brentwood proper based on last months Brentwood Housing Market Report. However, this is a gated and specialized community.
The small number of homes makes it hard to count on the numbers to show real trends. One trend that is apparent is that the smaller well priced homes are going quick. The larger and grander of the homes are setting.
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