How'stheMarket SummitCounty|October2022
COUNTY MARKET STATS | Residential Only
October)
Transactions
:: 256
:: 128 -50% Sold Dollar Volume
:: $336M
:: $153M -55% Sale/List Price
:: 101% 2022 :: 97% -4%
Sales Price
$1.3M
$1.2M Average Price/ Sq.Ft 2021 :: $751 2022 :: $789 +5% Average Days on Market
:: 22
:: 46 109%
SUMMIT
(MLS) 2021 vs 2022 (Month of
Closed
2021
2022
2021
2022
2021
Average
2021 ::
2022 ::
2021
2022
-9%
2021 vs 2022 (YTD - 1/1 through 10/31) Closed
2021 :: 101% 2022 :: 100% -1%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS)
Transactions
Dollar Volume
Price
2021 :: 1,851 2022 :: 1,166 -37% Sold
2021 :: $2,084M 2022 :: $1,498M -23% Sale/List
Sales Price
Price/ Sq.Ft
Days on Market
Average
2021 :: $1.1M 2022 :: $1.3M +18% Average
2021 :: $667 2022 :: $781 +17% Average
2021 :: 28 2022 :: 24 -14%
COUNTY TOTAL ACTIVE
| Residential
Land
For October of each year 1,000 900 800 700 600 500 400 300 200 100 0 2018 2019 2020 2021 2022 654 468 186 916 741 175 371 296 75 190 155 35 462 403 59 Total Residential Land
+145% 2021<2022
SUMMIT
INVENTORY
&
(MLS)
5-Year Comparison
COUNTY NEW LISTINGS
SALES
80 100 120 140 160 180 200 220 240 260 280 Oct 21 Nov 21 Dec 21 Jan 21 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 New Listing Pending
SUMMIT
VS PENDING
| Residential & Land (MLS)