HOW'S THE MARKET
Summit County | November 2023
SUMMIT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (Month of November)
9%
Closed Transactions
23%
Sold Dollar Volume
-1%
Sale/List Price
2022 :: 96
2022 :: $123M
2022 :: 97.3%
2023 :: 105
2023 :: $152M
2023 :: 96.7%
13%
3%
31%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $1.28M
2022 :: $728
2022 :: 42
2023 :: $1.45M
2023 :: $747
2023 :: 55
SUMMIT COUNTY MARKET STATS Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 11/30)
-8%
Closed Transactions
-9%
-2%
Sold Dollar Volume
Sale/List Price
2022 :: 1,279
2022 :: $1.64B
2023 :: 1,177
2022 :: 100%
2023 :: $1.50B
2023 :: 98%
-1%
-1%
65%
Average Sales Price
Average Price/ Sq.Ft
Average Days on Market
2022 :: $1.29M
2022 :: $776
2022 :: 26
2023 :: $1.26M
2023 :: $771
2023 :: 43
SUMMIT COUNTY TOTAL ACTIVE INVENTORY Residential & Land (MLS) | On December of each year 5-Year Comparison 700
600
500
400
300
200
100
8%
33 0
659
506 2019
153
238
183
55
135
2020
102
357
2021 Total
Residential
303 2022
Land
54
397
328 2023
69
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 Nov 22
Dec 22
Jan 23
Feb 23
Mar 23
Apr 23
May 23
New Listing
Jun 23
Pending
Jul 23
Aug 23
Sep 23
Oct 23
Nov 23