How's The Market in Summit County?
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of February)
2021 :: 114 2022 :: 79
-31%
Closed Transactions
2022 :: $104M
-14%
Sold Dollar Volume
2021 :: $1M
2021 :: $611K
2022 :: $1.3M +24%
2022 :: $758K
Average Sales Price
2021 :: 100%
2021 :: $121M
Average Price/ Sq.Ft
2022 :: 103%
+3%
Sale/List Price
2021 :: 75
+24%
2022 :: 18
Average Days on Market
-76%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (YTD - 1/1 through 2/28)
2021 :: 223 2022 :: 160
-28%
Closed Transactions
Average Sales Price
2022 :: $229M
+3%
Sold Dollar Volume
+40%
2022 :: $747K
Average Price/ Sq.Ft
2022 :: 102%
+2%
Sale/List Price
2021 :: 53
2021 :: $595K
2021 :: $997K 2022 :: $1.4M
2021 :: 100%
2021 :: $222M
+26%
2022 :: 24
Average Days on Market
-55%
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) For February of each year
5-Year Comparison 700
600
500
400
300
200
100
0
-22% 2021>2022 505
340 2018
165
551
405 2019
146
660
Total
527 2020
Residential
133
186
Land
162 2021
24
145
122 2022
23
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS)
280 260 240 220 200 180 160 140 120 100 80 Feb 21
Mar 21
Apr 21
May 21
June 21
July 21
Aug 21
New Listing
Sep 21
Pending
Oct 21
Nov 21
Dec 21
Jan 21
Feb 22