How's The Market in Summit County?
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of April)
2021 :: 180 2022 :: 121
-33%
Closed Transactions
Average Sales Price
2022 :: $161M
-22%
Sold Dollar Volume
2021 :: $1.1M 2022 :: $1.3M
2021 :: 101%
2021 :: $205M
2022 :: $873
Average Price/ Sq.Ft
+1%
Sale/List Price
2021 :: 30
2021 :: $636
+16%
2022 :: 102%
+37%
2022 :: 10
Average Days on Market
-67%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (YTD - 1/1 through 4/30)
2021 :: 581 2022 :: 391
-33%
Closed Transactions
Average Sales Price
2022 :: $532M
-12%
Sold Dollar Volume
+40%
2022 :: $792
Average Price/ Sq.Ft
2022 :: 102%
+1%
Sale/List Price
2021 :: 44
2021 :: $609
2021 :: $1M 2022 :: $1.4M
2021 :: 101%
2021 :: $605M
+30%
2022 :: 19
Average Days on Market
-57%
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) For April of each year
5-Year Comparison 700
600
500
400
300
200
100
-9% 2021>2022 22
18 0
521
349 2018
172
594
449 2019
145
675
Total
547 2020
Residential
128
147
Land
129 2021
134
112 2022
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS)
280 260 240 220 200 180 160 140 120 100 80 Apr 21
May 21
June 21
July 21
Aug 21
Sep 21
Oct 21
New Listing
Nov 21
Pending
Dec 21
Jan 21
Feb 22
Mar 22
Apr 22