SC | How's The Market | November 2022

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How'stheMarket SummitCounty|November2022
COUNTY MARKET STATS | Residential Only (MLS)
November)
Transactions
:: 152
:: 96 -37% Sold Dollar Volume
:: $173M
:: $123M -29% Sale/List Price
:: 101% 2022 :: 97% -4%
Sales Price
$1.1M
$1.3M Average Price/ Sq.Ft 2021 :: $706 2022 :: $728 +3% Average Days on Market
:: 23
:: 42 83% 13%
SUMMIT
2021 vs 2022 (Month of
Closed
2021
2022
2021
2022
2021
Average
2021 ::
2022 ::
2021
2022

SUMMIT

2021 vs 2022 (YTD - 1/1 through 11/30) Closed

2021 :: 101% 2022 :: 100% -1% Average

COUNTY MARKET STATS | Residential Only (MLS)
Transactions
Dollar Volume
Price
2021 :: 2,004 2022 :: 1,275 -36% Sold
2021 :: $2,257M 2022 :: $1,643M -27% Sale/List
Sales Price
Price/ Sq.Ft
Days
Market
2021 :: $1.1M 2022 :: $1.3M +18% Average
2021 :: $670 2022 :: $776 +16% Average
on
2021 :: 27 2022 :: 26 -4%
COUNTY TOTAL ACTIVE INVENTORY | Residential & Land
For November of each year 700 600 500 400 300 200 100 0 2018 2019 2020 2021 2022 545 394 151 659 506 153 238 183 55 135 102 33 357 303 54 Total Residential Land 5-Year
+164% 2021<2022
SUMMIT
(MLS)
Comparison
COUNTY NEW LISTINGS
SALES
80 100 120 140 160 180 200 220 240 260 280 Nov 21 Dec 21 Jan 21 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 New Listing Pending
SUMMIT
VS PENDING
| Residential & Land (MLS)

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