How's The Market in Summit County?
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of January)
2021 :: 109 2022 :: 80
-27%
Closed Transactions
2022 :: $123M
+21%
Sold Dollar Volume
2021 :: $931K
2021 :: $578
2022 :: $1.6M +70%
2022 :: $739
Average Sales Price
2021 :: 100%
2021 :: $101M
Average Price/ Sq.Ft
2022 :: 101%
+1%
Sale/List Price
2021 :: 32
+28%
2022 :: 30
Average Days on Market
-6%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (YTD - 1/1 through 1/31)
2021 :: 109 2022 :: 80
-27%
Closed Transactions
Average Sales Price
2022 :: $123M
+21%
Sold Dollar Volume
+70%
2022 :: $739
Average Price/ Sq.Ft
2022 :: 101%
+1%
Sale/List Price
2021 :: 32
2021 :: $578
2021 :: $931K 2022 :: $1.58M
2021 :: 100%
2021 :: $101M
+28%
2022 :: 30
Average Days on Market
-6%
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) On February 1 of each year
5-Year Comparison 600 550 500 450 400 350 300 250 200 150 100
-22% 2021>2022
50 19 0
468
303 2018
167
517
382 2019
135
568
Total
434 2020
Residential
134
164
Land
145 2021
128
108 2022
20
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS)
300 280 260 240 220 200 180 160 140 120 100 80 Jan 21
Feb 21
Mar 21
Apr 21
May 21
June 21
July 21
New Listing
Aug 21
Pending
Sep 21
Oct 21
Nov 21
Dec 21
Jan 22