County | April 2024
Summit
HOW'S THE MARKET
SUMMIT COUNTY MARKET STATS
Residential Only (MLS) | 2023 vs 2024 (Month of April)
Closed Transactions 2023::102 2024::106 3.9% Sold Dollar Volume 2023::$133M 2024::$156M 2023::$1.31M 2024::$1.48M 2023::37 2024::41 2023::$804 2024::$852 Sale/List Price 2023::98% 2024::98% 17.4% 0% 12.9% Average Sales Price 5.9% Average Price/ Sq.Ft 10.8% Average Days on Market “Source of all data in this report is from the Altitude Realtors MLS. Statistical information is deemed reliable but not guaranteed. ”
SUMMIT COUNTY MARKET STATS
Residential Only (MLS) | 2023 vs 2024 (YTD - 1/1 through 4/30)
Closed Transactions 2023::332 2024::349 5.7% Sold Dollar Volume 2023::$424M 2024::$495M 2023::$1.28M 2024::$1.42M 2023::49 2024::50 2023::$759 2024::$823 Sale/List Price 2023::98% 2024::98% 16.6% 0% 10.9% Average Sales Price 8.4% Average Price/ Sq.Ft 2% Average Days on Market “Source of all data in this report is from the Altitude Realtors MLS. Statistical information is deemed reliable but not guaranteed. ”
SUMMIT COUNTY TOTAL ACTIVE INVENTORY
Residential & Land (MLS) | At the beginning of May of each year 700 600 500 400 300 200 100 0 2020 2021 2022 2023 2024 691 571 120 153 130 23 191 167 24 314 269 45 503 437 66 Total Residential Land 5-Year Comparison 2023 < 2024 Residential Only 62% “Source of all data in this report is from the Altitude Realtors MLS. Statistical information is deemed reliable but not guaranteed. ”
SUMMIT COUNTY NEW LISTINGS VS PENDING SALES
Residential & Land (MLS) 60 80 100 120 140 160 180 200 220 240 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 NewListing Pending “Source of all data in this report is from the Altitude Realtors MLS. Statistical information is deemed reliable but not guaranteed. ”