SC | How's The Market | December 2022

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How'stheMarket SummitCounty|December2022
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of December) Closed Transactions 2021 :: 148 2022 :: 94 -36% Sale/List Price 2021 :: 100% 2022 :: 97% -3% Average Days on Market 2021 :: 32 2022 :: 45 41% Sold Dollar Volume 2021 :: $179M 2022 :: $113M -37% Average Price/ Sq.Ft 2021 :: $691 2022 :: $676 -2% Average Sales Price 2021 :: $1.21M 2022 :: $1.21M

SUMMIT

2021 vs 2022 (YTD - 1/1 through 12/31) Closed

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

COUNTY MARKET STATS | Residential Only (MLS)
Transactions
Dollar Volume
Price
2021 :: 2,153 2022 :: 1,372 -36% Sold
2021 :: $2,435M 2022 :: $1,762M -28% Sale/List
Sales Price
Price/ Sq.Ft
Days on Market
2021 :: $1.1M 2022 :: $1.3M +18% Average
2021 :: $663 2022 :: $769 +15% Average
2021 :: 28 2022 :: 27 -4%
TOTAL ACTIVE
| Residential & Land
For December 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 COUNTY
INVENTORY
(MLS)
Comparison
COUNTY NEW
60 80 100 120 140 160 180 200 220 240 260 280 Dec 21 Jan 21 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 New Listing Pending
SUMMIT
LISTINGS VS PENDING SALES | Residential & Land (MLS)

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