Observer
Town report

Somerset

Somerset has 23 homes for sale. 57% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 10 days, and 59% sold at or above their first asking price.

57%
of homes for sale have cut their price
49
days on the market, typical listing now
59%
of homes sold in the past 12 months went at or above the first asking price

57% sellers in Somerset have cut their price. That's more than most of Massachusetts.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Somerset ranks 24 of 230, where 1 has the most cuts.

Somerset57%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

100.0%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-family
October 202598.7% (13 sales)
November 2025101.0% (7 sales)
December 2025100.0% (16 sales)
January 202698.1% (9 sales)
February 2026100.9% (9 sales)
March 202699.1% (7 sales)
April 202698.5% (12 sales)
May 2026100.0% (15 sales)
June 2026101.5% (16 sales)
July 2026100.0% (18 sales)
August 2026100.2% (12 sales)
September 2026100.0% (11 sales)
October 2026100.0% (13 sales)

Somerset has 24% fewer homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 11 weeks to go under agreement.

Homes for sale

4020
25
Aug 3Oct 26

Offers accepted

53
1
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 33354
Aug 103134
Aug 173033
Aug 242833
Aug 312744
Sep 72845
Sep 142754
Sep 212453
Sep 282725
Oct 52351
Oct 122616
Oct 192521
Oct 262513

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$525K145 sales · 10 days to offer · 59% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family145$525,0001041%59%

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.