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Somerset Plaza

8 active listings · updated nightly · snapshot 2026-W32

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$450K

trailing 90d

MEDIAN $/SF

$297

per sqft

ACTIVE INVENTORY

8

for sale

DAYS ON MARKET

93

▲ 1 day YoY

MONTHS OF SUPPLY

8.0

active ÷ 30d sales

MARKET PULSE

0.38

Buyer's market

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERS EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$555K$278K$0$450KAugOctDecFebAprJun

MARKET PULSE

somerset-plaza

Buyer'smarket Seller'smarket 01.0 0.38

BUYER'S ADVANTAGE

Today 0.38 · Lauderdale Lakes 0.13

MARKET SUMMARY · 12 MONTHS

Median sale price$450K
Median $/SF$297
Median days on market93
Total sales (12mo)1
New listings (12mo)1
Sold ÷ list price100.0%
Sold below list0%
Sale-to-just-value
Owner-occupied

TIER HEALTH

Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

Owner-occupied (homestead)

Sale-to-just-value ratio

Homes sold, 10-yr

Effective tax rate

Median holding period & effective tax rate: modeling in progress — no levy or mortgage field in the county deed records yet, so we show “—” rather than an estimate.

MARKET NARRATIVE

The for-sale market in Somerset Plaza, Lauderdale Lakes, is carrying 8 active listings this week at a median list price of $89,500. Fresh supply arrived over the past month — 1 new listings — against 3 pending sales, putting the market pulse at 0.38, a buyer's market. Homes are taking a median of 93 days on market. For context, Lauderdale Lakes runs at a 0.13 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · SOMERSET PLAZA

How much do homes cost in Somerset Plaza?

The median sale price in Somerset Plaza is $450K over the trailing 90 days, and the median list price is $89,500.

Is Somerset Plaza a buyer's or seller's market?

Somerset Plaza is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.38; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Somerset Plaza?

There are 8 active for-sale listings in Somerset Plaza as of snapshot 2026-W32, updated weekly.

How long do homes take to sell in Somerset Plaza?

Homes in Somerset Plaza spend a median of 93 days on market.

What is the price per square foot in Somerset Plaza?

The median list price per square foot in Somerset Plaza is $297.

How much housing inventory does Somerset Plaza have?

Somerset Plaza has about 8.0 months of supply — active for-sale listings divided by the most recent 30 days of closed sales. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W32.