Your Source for Summit County Real Estate
Residential real estate sales have been rolling along at a pretty similar clip to 2017. Some months better than last year, some months not. July real estate sales happened to be one of the up months. There were 182 residential sales in Summit County in July. That’s up 11% over 2017 when there were 164 […]
Six months into 2018 and we have had 753 residential real estate sales in Summit County. That’s 8.1% below the first six months of last year when we had 819 residential sales. The first six months of the year typically sees fewer real estate sales than the second half of the year so it’s possible […]
May sales saw land and residential property closings lagging a little but pricing and days on the market are still strong. Inventory is beginning to build. This summer’s sales will help to paint a picture of what’s to come in 2019 for the Summit County real estate market. Residential Sales This May there were 147 […]
2017 was a good year for real estate. Both prices and demand were up and inventory down from 2016. The 2018 real estate market will continue to be more of the same. With the potential for higher interest rates that will put added strain on affordability, 2018 may see a slight slowing in demand and pricing. However, […]
Another year is behind us. That means it’s time to for the 2017 year in review. We look back and reflect on the previous year and then think about what the next year will look like. In the Summit County real estate market 2017 was an active year and my initial thoughts are 2018 will continue […]
We’re still telling the same real estate story we were last year. Inventory is low which is pushing prices higher, and inventory will continue to drop through the end of the year. Low Inventory As of November 18th we have just 355 residential properties on the market in Summit County. That’s 11% fewer properties than […]
Despite low inventory levels, it’s been a great first quarter for residential real estate sales. Sales are up over 2016 and the highest we’ve seen in a decade. Inventory is starting to build so hopefully we can sustain an even better second quarter. Residential sales in January were great; up 29.9% over 2016 and the […]
When 2016 ended the year with slightly fewer sales than 2015 it gave us some pause. We began to wonder if this was an indicator. Has the steady increase in our residential real estate market begun to stutter? Unfortunately, there was no one to give us an answer. All we could do was wait and […]
2016 year end sales were down 4% from 2015 numbers. That’s it. We are done clawing our way out of the recession. Our double digit annual rise from the ashes is over. So what’s next? Where does the market go from here? What is the future of real estate? Predicting the future would be so […]
2016 was very much a seller’s market; very tight inventory and rising prices. Buyers struggled to find properties, often compromising or waiting. Indecisive or out of town buyers often missed properties as they were snatched up by ready buyers. More properties than usual seemed to come back on the market because quick acting buyers, after […]
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