SC | How's The Market | September 2022

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How's The Market in Summit County?

SUMMIT COUNTY MARKET STATS

Residential Only (MLS)

Closed Transactions

Sold Dollar Volume

Sale/List Price

Average Sales

Average Price/

Average Days on Market

|
2021 vs 2022 (Month of September)
2021 :: 206 2022 :: 150 -27%
2021 :: $250M 2022 :: $182M -27%
2021 :: 101% 2022 :: 97% -4%
Price 2021 :: $1.2M 2022 :: $1.2M -
Sq.Ft 2021 :: $707 2022 :: $735 +4%
2021 :: 20 2022 :: 37 85%

SUMMIT COUNTY MARKET STATS | Residential Only (MLS)

2021 vs 2022 (YTD - 1/1 through 9/30)

:: 1,586

:: 1,034 -35%

Closed Transactions

:: $1.1M

:: $1.3M +18%

2021 :: $1,73M

:: $1,34M -23%

Sold Dollar Volume

Sale/List Price

2021 :: 101%

:: 101% -

Average Sales Price

:: $653

:: $780 +19%

Average Price/ Sq.Ft

:: 29 2022 :: 21 -27%

Average Days on Market

2021
2022
2022
2022
2021
2022
2021
2022
2021
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) For September of each year 1,000 900 800 700 600 500 400 300 200 100 0 2018 2019 2020 2021 2022 734 533 201 960 781 179 536 429 107 230 196 34 512 452 60 Total Residential Land 5-Year Comparison +123% 2021<2022
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS) 80 100 120 140 160 180 200 220 240 260 280 Sep 21 Oct 21 Nov 21 Dec 21 Jan 21 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 New Listing Pending

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