How's The Market in Summit County?
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (Month of July)
2021 :: 194 2022 :: 82
-58%
Closed Transactions
Average Sales Price
2022 :: $92M
-56%
Sold Dollar Volume
2021 :: $1M 2022 :: $1.1M
2021 :: 101%
2021 :: $211M
2022 :: $760
Average Price/ Sq.Ft
-3%
Sale/List Price
2021 :: 19
2021 :: $652
+3%
2022 :: 98%
+17%
2022 :: 25
Average Days on Market
32%
SUMMIT COUNTY MARKET STATS | Residential Only (MLS) 2021 vs 2022 (YTD - 1/1 through 7/31)
2021 :: 1,148 2022 :: 726
-37%
Closed Transactions
Average Sales Price
2022 :: $961M
-19%
Sold Dollar Volume
+30%
2022 :: $793
Average Price/ Sq.Ft
2022 :: 101%
-
Sale/List Price
2021 :: 30
2021 :: $634
2021 :: $1M 2022 :: $1.3M
2021 :: 101%
2021 :: $1,200M
+25%
2022 :: 17
Average Days on Market
-43%
SUMMIT COUNTY TOTAL ACTIVE INVENTORY | Residential & Land (MLS) For July of each year
5-Year Comparison 1,000
900
800
700
600
500
400
300
200
+83% 2021<2022
100 31 0
723
527 2018
196
903
730 2019
173
857
Total
711 2020
Residential
146
255
Land
224 2021
466
414 2022
52
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES | Residential & Land (MLS)
280 260 240 220 200 180 160 140 120 100 80 July 21
Aug 21
Sep 21
Oct 21
Nov 21
Dec 21
Jan 21
Feb 22
New Listing
Mar 22
Pending
Apr 22
May 22
May 22
Jun 22
Jun 22
Jul 22