SC | How's The Market | August 2023

Summit County | August 2023

HOW'S THE MARKET

Residential Only (MLS) | 2022 vs 2023 (Month of August) Closed Transactions 2022::151 2023::145 -4% Sold Dollar Volume 2022::$183M 2023::$194M 2022::$1.21M 2023::$1.34M 2022::27 2023::45 2022::$757 2023::$761 Sale/List Price 2022::98% 2023::97% 6% -1% 10% Average Sales Price 1% Average Price/ Sq.Ft 67% Average Days on Market

Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 8/31) Closed Transactions 2022::889 2023::790 -11% Sold Dollar Volume 2022::$1.153B 2023::$991M 2022::$1.31M 2023::$1.25M 2022::19 2023::41 2022::$788 2023::$767 Sale/List Price 2022::101% 2023::98% -14% -3% -4% Average Sales Price -3% Average Price/ Sq.Ft 116% Average Days on Market

Residential & Land (MLS) | For September of each year 1,000 900 800 700 600 500 400 300 200 100 0 2019 2020 2021 2022 2023 960 781 179 536 429 107 230 196 34 512 452 60 518 448 70 Total Residential Land 5-Year Comparison -1% 2022>2023 Residential Only

Residential & Land (MLS) 60 80 100 120 140 160 180 200 220 240 260 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 NewListing Pending