Commerce Market Report
$968,102
AVERAGE PRICE OF 230 HOMES$3,297,262
AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES$970,336
AVERAGE PRICE OF 42 NEWLY BUILT HOMES$480,428
AVERAGE PRICE OF 7 HOMES WITH A POOL$331,612
AVERAGE PRICE OF 8 REDUCED PRICE HOMES$2,400,000
AVERAGE PRICE OF 1 DISTRESSED HOMESAverage Home
| Average Price | $968,102 |
| Avg Bedrooms | 1.88 beds |
| Avg Bathrooms | 1.39 baths |
Average Price by Bedrooms
| 1 bedroom | $925,000 |
| 2 bedrooms | $234,685 |
| 3 bedrooms | $347,783 |
| 4 bedrooms | $408,733 |
| 5 bedrooms | $653,475 |
Commerce Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 224 | 215 | 223 | 210 | 224 |
| Average Price | $989,605 | $1,013,735 | $964,521 | $886,077 | $727,642 |
| Avg Price Change | -2.44% | +5.10% | +8.85% | +21.77% | +11.82% |
| Median Price | $392,401 | $390,742 | $388,618 | $389,356 | $371,568 |
| Med Price Change | +0.42% | +0.55% | -0.19% | +4.79% | +0.47% |
| Avg Bedrooms | 1.91 beds | 1.9 beds | 1.92 beds | 1.76 beds | 1.79 beds |
| Avg Bathrooms | 1.43 baths | 1.41 baths | 1.42 baths | 1.35 baths | 1.31 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Commerce | 82 | $439,651 | 70 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 230 | $968,102 | 112 days |
| Multi-Million Dollar Homes | 47 | $3,297,262 | 183 days |
| Newly Built Homes | 42 | $970,336 | 116 days |
| Homes with a Pool | 7 | $480,428 | 52 days |
| Reduced Price Homes | 8 | $331,612 | 49 days |
| Distressed Homes | 1 | $2,400,000 | 105 days |
