HOW'S THE MARKET
Summit County | October 2023
SUMMIT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (Month of October)
0%
Closed Transactions
2%
Sold Dollar Volume
1%
Sale/List Price
2022 :: 128
2022 :: $153M
2022 :: 97%
2023 :: 128
2023 :: $156M
2023 :: 98%
2%
-4%
11%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $1.19M
2022 :: $789
2022 :: 46
2023 :: $1.22M
2023 :: $759
2023 :: 51
SUMMIT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 10/31)
-8%
Closed Transactions
-10%
-2%
Sold Dollar Volume
Sale/List Price
2022 :: 1,166
2022 :: $1.49B
2023 :: 1,072
2022 :: 100%
2023 :: $1.35B
2023 :: 98%
-2%
-1%
75%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $1.29M
2022 :: $780
2022 :: 24
2023 :: $1.26M
2023 :: $773
2023 :: 42
SUMMIT COUNTY TOTAL ACTIVE INVENTORY Residential & Land (MLS) | On November of each year 5-Year Comparison 800
700
600
500
400
300
200
100
12%
34 0
764
598 2019
166
294
224
70
160
2020
126
395
2021 Total
Residential
338 2022
Land
57
443
377 2023
66
2022 < 2023 Residential Only
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES Residential & Land (MLS) 240 220 200 180 160 140 120 100 80 60 40 Oct 22
Nov 22
Dec 22
Jan 23
Feb 23
Mar 23
Apr 23
New Listing
May 23 Pending
Jun 23
Jul 23
Aug 23
Sep 23
Oct 23