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Nine months of 2019 have gone by. It’s almost ski season again, yaaay! Summit County real estate sales started the year slowly but we still had an optimistic outlook. We had the optimism that spring and summer would re-ignite the hot market we have been used to. That we would get one more summer of […]
The August real estate report for Summit County is a mixed bag. Great sales combined with stellar prices and a lot of inventory. August was a pretty good month with 224 residential sales county-wide. With the exception of 2017, it’s the most August sales we have had since 2007 when we had 273 in the […]
View the video for a quick rundown of what is happening with the Summit County real estate market. Things are changing and if you are looking to buy or sell real estate in Summit County, it’s information you should be aware of.
We have been feeling like the market has been softening this year. Now that we are past the first half of 2019, Summit County market conditions are confirming our suspicions. Or are they? We had a cold spring with ski areas open longer and fewer summer visitors than normal so maybe that has something to […]
With three months gone this year, it’s looking like Summit County is going to see a softer real estate market in 2019. In a strong seller’s market like we have been seeing, a little softening isn’t necessarily a bad thing though. The number of residential sales so far this year is declining. That decline is […]
Whoa! The average sale price in Summit County is up again! In the last 12 months that ended February 28th,2019, it’s up 10.1% over the same period one year earlier. Before you get too excited, realize that doesn’t mean every home in the county appreciated by 10.1% in the last 12 months. There’s a lot […]
The new year is starting with slowing sales and rising inventory. Don’t panic, it’s not as bad as it sounds. Summit County has a very tight real estate market. We don’t have a lot of properties on the market, especially in the lower price ranges so rising inventory is a good thing. Slow sales are […]
The ever changing real estate market has been pretty apparent during the first 18 years of the 21st century. A strong start was followed by a little hiccup felt during the 911 tragedy. Then a steady push up before bottoming out in 2008. almost a decade was spent on that recovery and now, the question […]
October real estate numbers for residential properties in Summit County show a slight change in the market. Sales are down and inventory is up. If this continues, prices will level off. We had 228 sales in the month of October, which is the most sales in any one month all year. It is typical for […]
After three quarters of 2018 the number of residential properties sold is slightly behind last year at this time. The number of cash sales is slightly down also. However, all other categories are still going strong for the 2018 third quarter. Residential sales The number of residential sales dropped 6.6% however the dollar volume was […]
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