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 […]
2018 Third Quarter Real Estate Report
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 […]
Fast Facts – August 2018 Real Estate Sales
Residential Sales August 2018 Number of sales is down 12.6% vs August 2017 Dollar volume for sales is up 7.8% vs August 2017 Average sale price is up 23.3% vs August 2017 August 2018 average sale price was $862,340 There were 37.5% more sales over $1,000,000 in August 2018 vs August 2017 55 sales, or […]
July Real Estate Sales are Up but…
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 […]
Voting is Now Open for the Best of Summit 2018
It’s that time again when Summit County locals, part timers and visitors get to vote for the best companies, experiences, people and food and drinks. Best of Summit 2018 is your opportunity to let them know you appreciate everything they do for you. It’s quite a list with everything from hair stylists to margaritas to plumbers to ski […]
Nominating the Best of Summit 2018
Every year the Summit Daily, Summit County’s free local paper, has a contest called the Best of Summit. It gives their readers an opportunity to nominate & then vote for their favorite local businesses, activities, events & more. It’s time for you to start nominating The Best of Summit 2018. If you have been to […]
The Year is Half Over but Real Estate Sales Aren’t
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 Lag Slightly
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 […]
What’s on the Horizon for the 2018 Real Estate Market?
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, […]