SC | How's The Market | February 2023

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How'stheMarket SummitCounty|February2023

SUMMIT COUNTY MARKET STATS | Residential Only (MLS)

2022
2023
of February) Closed Transactions 2022 :: 79 2023 :: 85 8% Sale/List Price 2022 :: 103% 2023 :: 98% -5% Sold Dollar Volume 2022 :: $104M 2023 :: $126M 21% Average Price/ Sq.Ft 2022 :: $758 2023 :: $807 6% Average Sales Price 2022 :: $1.3M 2023 :: $1.5M 13% Average Days on Market 2022 :: 18 2023 :: 47 161%
vs
(Month
2022 vs 2023 (YTD - 1/1 through 2/28) Closed Transactions 2022 :: 169 2023 :: 139 -18% Sale/List Price 2022 :: 102% 2023 :: 98% -4% Sold Dollar Volume 2022 :: $244M 2023 :: $191M -21% Average Price/ Sq.Ft 2022 :: $741 2023 :: $790 7% Average Sales Price 2022 :: $1.5M 2023 :: $1.4M -4% Average Days on Market 2022 :: 24 2023 :: 53 121%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS)
INVENTORY | Residential & Land (MLS) For February of each year 600 550 500 450 400 350 300 250 200 150 100 50 0 2019 2020 2021 2022 2023 517 382 135 568 434 134 164 145 19 128 108 20 270 230 40 Total Residential Land 5-Year Comparison +111% 2022<2023
SUMMIT COUNTY TOTAL ACTIVE
PENDING SALES | Residential & Land (MLS) 60 80 100 120 140 160 180 200 220 240 260 280 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 New Listing Pending
SUMMIT COUNTY NEW LISTINGS VS

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