Your Source for Summit County Real Estate
With some properties seeing multiple offers and selling above list price, others struggling to sell at lower prices, it appears that the Summit County real estate market is quite confused. Stats say that average sales price is climbing even though we are definitely seeing declines in parts of the market. Just looking at the Summit […]
The first quarter of 2024 is over. It looks like the craziness of the pandemic market is behind us now. Summit County went from around 1,800 pre-pandemic, real estate sales a year to just over 2,100 during the pandemic. Then dropping to 1,300 sales a year practically overnight in 2022 and 2023 when interest rates […]
March marks the end of the 3rd year since the country was locked down due to the Coronavirus pandemic. A lot has happened in those three years. Initially real estate activity came to an abrupt halt, along with most everything else. Real estate became an essential service and we were allowed to show property again. […]
The 2022 real estate market ended the year at a snail’s pace. It slowly trudged through the last months of the year with sales that were similar to our slowest time of year; the beginning. So what does that mean for the start of 2023? Are sales even slower than a snail. What would that […]
Just four months into 2022 we are seeing some significant signs of a real estate shift from the last two years. An increase in mortgage rates has made already high prices even more expensive when a loan is involved. Rarely seen during the last two years, decreases in listing price of properties are happening more […]
It has been a crazy couple of years in real estate across the nation. Summit County has been no exception. Soaring prices, limited inventory & competition for properties pretty much sums up 2021. We will dig into more of the 2021 stats and tell you what to expect as we head into 2022. Average Sale […]
We are a few months into 2021, a new year and perhaps a new reality for a lot of people hard hit by 2020’s pandemic. With the change of the calendar, unfortunately the world didn’t change overnight. It’s taken some time but we are starting to see a shift. Mass vaccines are underway, restrictions are […]
2020 has been an incredible year for real estate in Summit County. All the year round, outdoor adventures Summit County has to offer brought out people looking to get out of the house. Both visitors and homebuyers flocked to Summit County during the summer of 2020. Generally visits fall off after the leaves turn in […]
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.
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