SC | How's The Market | September 2023

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Summit County | September 2023
S THE MARKET
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SUMMIT COUNTY MARKET STATS

Residential Only (MLS) | 2022 vs 2023 (Month of September) Closed Transactions 2022::150 2023::144 -4% Sold Dollar Volume 2022::$182M 2023::$189M 2022::$1.21M 2023::$1.31M 2022::37 2023::47 2022::$735 2023::$815 Sale/List Price 2022::97% 2023::98% 4% 1% 9% Average Sales Price 11% Average Price/ Sq.Ft 16% Average Days on Market

SUMMIT COUNTY MARKET STATS

Residential Only (MLS) | 2022 vs 2023 (YTD - 1/1 through 9/30) Closed Transactions 2022::1,043 2023::940 -10% Sold Dollar Volume 2022::$1.33B 2023::$1.19B 2022::$1.3M 2023::$1.26M 2022::21 2023::41 2022::$780 2023::$774 Sale/List Price 2022::100% 2023::98% -11% -2% -3% Average Sales Price -1% Average Price/ Sq.Ft 95% Average Days on Market

SUMMIT COUNTY TOTAL ACTIVE INVENTORY

Residential & Land (MLS) | On October of each year 1,000 900 800 700 600 500 400 300 200 100 0 2019 2020 2021 2022 2023 916 741 175 371 296 75 190 155 35 462 403 59 513 442 71 Total Resdential Land 5-Year Comparison 10% 2022 < 2023 Residential Only

SUMMIT COUNTY NEW LISTINGS VS PENDING SALES

Residential & Land (MLS) 40 60 80 100 120 140 160 180 200 220 240 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 NewListing Pending

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