How's The Market in Summit County?
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of June)
2021 :: 204 2022 :: 119
-42%
Closed Transactions
Average Sales Price
2022 :: $148M
-32%
Sold Dollar Volume
2021 :: $1M 2022 :: $1.2M
2021 :: 102%
2021 :: $218M
2022 :: $769
Average Price/ Sq.Ft
-2%
Sale/List Price
2021 :: 14
2021 :: $673
+17%
2022 :: 100%
+14%
2022 :: 13
Average Days on Market
-7%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (YTD - 1/1 through 6/30)
2021 :: 954 2022 :: 622
-35%
Closed Transactions
Average Sales Price
2022 :: $834M
-16%
Sold Dollar Volume
+40%
2022 :: $794
Average Price/ Sq.Ft
2022 :: 102%
+2%
Sale/List Price
2021 :: 36
2021 :: $624
2021 :: $1M 2022 :: $1.4M
2021 :: 100%
2021 :: $998M
+27%
2022 :: 17
Average Days on Market
-53%
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) For June of each year
5-Year Comparison 800
700
600
500
400
300
200
100
0
+67% 2021>2022 630
448 2018
182
750
589 2019
161
800
Total
672 2020
Residential
127
190
Land
160 2021
30
318
279 2022
39
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS)
280 260 240 220 200 180 160 140 120 100 80 June 21
July 21
Aug 21
Sep 21
Oct 21
Nov 21
Dec 21
New Listing
Jan 21 Pending
Feb 22
Mar 22
Apr 22
May 22
May 22
Jun 22