SC | How's The Market | March 2024

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HOW'S THE MARKET

Summit County | March 2024

SUMMIT COUNTY MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (Month of March)

Closed Transactions 2023::89 2024::84 -5.6% Sold Dollar Volume 2023::$98M 2024::$111M 2023::$1.1M 2024::$1.32M 2023::58 2024::51 2023::$660 2024::$847 Sale/List Price 2023::98% 2024::98% 13.2% 0% 19.9% Average Sales Price 28.4% Average Price/ Sq.Ft -12.1% Average Days on Market
“Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed rel able but not guaranteed. ”

SUMMIT COUNTY MARKET STATS

Residential Only (MLS) | 2023 vs 2024 (YTD - 1/1 through 3/31)

“Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed rel able but not guaranteed. ”

Closed Transactions 2023::228 2024::241 5.7% Sold Dollar Volume 2023::$290M 2024::$335M 2023::$1.27M 2024::$1.39M 2023::55 2024::55 2023::$738 2024::$807 Sale/List Price 2023::98% 2024::98% 15.7% 0% 9.4% Average Sales Price 9.3% Average Price/ Sq.Ft 0% Average Days on Market

SUMMIT COUNTY TOTAL ACTIVE INVENTORY

Residential & Land (MLS) | At the beginning of April of each year 700 600 500 400 300 200 100 0 2020 2021 2022 2023 2024 675 547 128 147 129 18 134 112 22 293 258 35 442 380 62 Total Residential Land 5-Year Comparison 2023 < 2024 Residential Only 47% “Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed rel able but not guaranteed. ”
Residential & Land (MLS) 60 80 100 120 140 160 180 200 220 240 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 NewListing Pending “Source of all data in this report is from the Summit Board of Realtors MLS. Statistical information is deemed rel able but not guaranteed. ”
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES

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