Chris Birchard REALTOR® · TREC - The Real Estate Company

Somerset real estate market

Updated May 2026 · detached homes · Pillar 9 / CREB sales records

As of May 2026, the typical detached home in Somerset sold for about $635,000 (a 3-month average), up 1.2% year over year. Homes there are taking around 28 days to sell at 97.2% of asking price.

Typical sold price
$635,000
+1.2% YoY
Days on market
28
+8 days YoY
% of asking price
97.2%
−1.3% YoY

3-month averages, smoothed to filter month-to-month noise · not an appraisal

As of May 2026, the typical detached home in Somerset sold for $635,000, +1.2% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

Negotiating leverage for detached homes in Somerset, measured against the community’s own 5-year norm.

sale_to_list_ratio · 24mo · 3mo smoothed 2026-05
Buyer's Advantage
Low 94%
5-yr norm 99.9% 97.2% of asking, now
(−2.7% vs norm)
High 104%
Somerset (dots = reportable months) Calgary average

Homes are currently fetching 97.2% of asking against a 99.9% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.

Pricing & pace

Typical detached home sold price (line) against days on market (bars), last 24 months.

median_price + days_on_market · 24mo 2026-05
Typical sold price Days on market

The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Somerset is selling at a stable, seasonal pace (a 3-month median of 28 days). Steady liquidity has usually meant stable, consistent pricing.

Last 12 months at a glance

MONTH TYPICAL SOLD DAYS ON MARKET % OF ASKING
May 2026 $635,000 24 98.5%
April 2026
March 2026 $625,000 20 96.4%
February 2026
January 2026
December 2025
November 2025
October 2025 $640,000 39 96.9%
September 2025 $610,000 12 96.8%
August 2025
July 2025
June 2025

Single-month medians for detached homes, not smoothed; − means too few sales to report.

Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: May 2026.

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