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HOW'S THE MARKET
Summit County | December 2023
SUMMIT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (Month of December)
1.1%
Closed Transactions
17.3%
Sold Dollar Volume
-1%
Sale/List Price
2022 :: 94
2022 :: $113M
2022 :: 97%
2023 :: 95
2023 :: $133M
2023 :: 96%
16.1%
17.5%
66.7%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $1.2M
2022 :: $676
2022 :: 45
2023 :: $1.4M
2023 :: $794
2023 :: 75
“Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed reliable but not guaranteed.”
SUMMIT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 12/31)
-7.4%
Closed Transactions
-7%
-2%
Sold Dollar Volume
Sale/List Price
2022 :: 1,376
2022 :: $1.76B
2023 :: 1,274
2022 :: 100%
2023 :: $1.64B
2023 :: 98%
0.3%
0.5%
70.4%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $1.282M
2022 :: $769
2022 :: 27
2023 :: $1.286M
2023 :: $772
2023 :: 46
“Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed reliable but not guaranteed.”
SUMMIT COUNTY TOTAL ACTIVE INVENTORY Residential & Land (MLS) | On January of each year 5-Year Comparison 600
500
400
15% 300
2023 < 2024
200
Residential Only
100 28 0
605
466 2020
139
186
152
34
302
2021
86
302
2022 Total
Residential
259 2023
Land
“Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed reliable but not guaranteed.”
43
353
299 2024
54
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES Residential & Land (MLS) 240 220 200 180 160 140 120 100 80 60 40 Dec 22
Jan 23
Feb 23
Mar 23
Apr 23
May 23
Jun 23
New Listing
Jul 23 Pending
“Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed reliable but not guaranteed.”
Aug 23
Sep 23
Oct 23
Nov 23
Dec 23