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Published July 2, 2025
Should I Sell My Home Now or Wait? (Somerset County Edition 🏡)
Deciding whether to sell your home hinges on two factors: current Somerset County market dynamics and your personal goals. Here’s what the local landscape looks like in summer 2025.
1. 📊 Somerset County Market Snapshot
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Median home price: ~$645K in May—up +10.6% year-over-year. Zillow reports an average home value of ~$661.5K (+4.5% YoY) with homes going under contract in ~14 days.
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Sales activity: ~280 homes sold in May, slightly down from last year. Pending listings rose ~2.3% YoY.
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Inventory: ~731 homes for sale (May). June saw ~1,339 active listings (+12% from May). New listings dipped slightly in May: 396 new homes.
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Market velocity: Homes sell quickly—average Days on Market (DOM) was ~18 days in May, trending around 22 days in June.
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Seller leverage: ~70% of homes sold above asking price, with an average sale-to-list ratio of ~104.8%.
2. ✅ Why Now Could Be a Great Time to Sell
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Peak pricing: Double-digit year-over-year gains offer a chance to maximize your home’s equity.
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Strong seller’s market: Homes in Somerset County are still commanding top dollar with quick turnarounds.
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Fast sales: Most homes are moving in just a few weeks, giving you leverage and flexibility.
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Equity boom: If you’ve owned your home for several years, you’ve likely built significant equity.
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Seasonal advantage: Summer is historically the most active buying season in Somerset County.
3. ⚖️ Why You Might Consider Waiting
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Mortgage rate uncertainty: If rates drop later this year, more buyers could re-enter the market.
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Rising inventory: More listings may increase competition, but also could bring in more active buyers.
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Time to prep: Waiting gives you time to make strategic updates and position your home for top value.
4. 🧠 Smart Seller Strategies for Somerset County
Work with a local expert like Klug Realty Group to:
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Analyze your home’s unique market position.
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Set a pricing strategy that attracts serious buyers.
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Leverage high-quality staging, photography, and virtual tours that drive faster sales.
Additional Tips:
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Time your listing right
Summer is ideal—buyers are most active, especially in Somerset County’s family-driven communities. -
Price to create urgency
Homes just below market comps often attract multiple offers. -
Stage to win
Simple upgrades—fresh paint, landscaping, decluttering—pay off big. -
Track the interest rate trends
Lower rates could quickly shift buyer behavior in your favor later this year.
5. 📌 Quick Decision Guide
| Your Situation | Recommended Move |
|---|---|
| You need to sell soon | Sell now to leverage high prices and motivated summer buyers. |
| You’re flexible for the next 3–6 months | Consider waiting to see if lower rates bring more buyers back to the table. |
| You plan to do home updates | Use this time to enhance your home’s value and curb appeal. |
| You’re concerned about buying your next home | Sell now and work with Klug Realty Group to time your purchase with expert market advice. |
Final Thoughts from Klug Realty Group
Somerset County’s market remains competitive and largely favors sellers. If you want to capture today’s strong pricing and quick sales environment, now is a strategic time to act. However, if you can wait, potential mortgage rate drops later this year could bring additional buyer interest.
Klug Realty Group is here to guide you. Whether you sell now or wait, their deep local knowledge and tailored strategies will help you make a confident, well-timed decision.
Looking for personalized advice?
👉 Contact Klug Realty Group today for a complimentary home evaluation and expert guidance on when and how to list your Somerset County home.
