As 2023 draws to a close, it is interesting to see how the market has fared. Here are some year-to-date indicators to start with;

• Market Snapshot for YTD 2023 vs Full Year 2022:  
  Average Indicators;
  Single Family -1%,
  Multi-Family +6%
  Vacant Land -1%
  
  Median Indicators for; 
  Single Family ...

August 2023 continued the trend of increased transactions and gross volume across Summit County.

• Market Analysis by Area for August 2023: There were a total of 179 transactions and $207,167,239 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was ...

Below are details about Summit County for June, as well as Q2 2023. 

• Market Analysis by Area for June 2023: There were a total of 128 transactions and $141,899,800 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was ...

Below is a recap from the first quarter of 2023:

• Market Analysis by Area for March 2023: There were a total of 122 transactions and $128,782,372 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,144,193, the ...

INTERESTING STATISTICS FOR REAL ESTATE IN SUMMIT COUNTY

- 2021 will go down as one of strongest real estate markets ever recorded, with average sold prices, county wide, appreciating 25.15% year over year.

- And, 2022 will go down as the year when the Summit County real estate ...

Here are market highlights for September:

• Market Analysis by Area for September 2022: There were a total of 179 transactions and $204,519,395 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,249,310. The average residential price was ...

Here are market highlights for August:

• Market Analysis by Area for August 2022: There were a total of 194 transactions and $211,817,519 in monetary volume. The average transaction price for all 18 reported areas, plus Deed Restricted transactions, was $1,132,476, the average residential price was $1,232,746 ...

What to expect for the rest of 2022 and beyond

The last 24 months has certainly been quite the roller coaster in the Summit County real estate market. From the easing of lockdown in June 2020 to the beginning of 2022, the market was on a remarkable upward trend ...

As the summer starts to wind down in Summit County, we are seeing fewer transactions and prices are fairly consistent with previous months. Summer's inventory is a bit higher than July 2021 and August 2021, but remains relatively low compared to the past 10 years. There are more choices ...