How's The Market in Summit County?
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of March)
2021 :: 178 2022 :: 110
-38%
Closed Transactions
2022 :: $142M
-20%
Sold Dollar Volume
2021 :: $992K
2021 :: $594K
2022 :: $1.3M +30%
2022 :: $780K
Average Sales Price
2021 :: 101%
2021 :: $177M
Average Price/ Sq.Ft
2022 :: 102%
+1%
Sale/List Price
2021 :: 48
+31%
2022 :: 20
Average Days on Market
-58%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (YTD - 1/1 through 3/31)
2021 :: 401 2022 :: 270
-33%
Closed Transactions
Average Sales Price
2022 :: $371M
-7%
Sold Dollar Volume
+30%
2022 :: $756K
Average Price/ Sq.Ft
2022 :: 102%
+2%
Sale/List Price
2021 :: 51
2021 :: $595K
2021 :: $992K 2022 :: $1.3M
2021 :: 100%
2021 :: $399M
+27%
2022 :: 22
Average Days on Market
-57%
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) For March of each year
5-Year Comparison 800
700
600
500
400
300
200
100
-16% 2021>2022 25
0
543
379 2018
164
611
466 2019
145
730
Total
597 2020
Residential
133
178
Land
153 2021
23 150
127 2022
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS)
280 260 240 220 200 180 160 140 120 100 80 Mar 21
Apr 21
May 21
June 21
July 21
Aug 21
Sep 21
New Listing
Oct 21
Pending
Nov 21
Dec 21
Jan 22
Feb 22
Mar 22