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 […]
Inventory Levels And The Real Estate Market
Real estate, like most commodities, is a supply and demand market. Low supply and high demand create a tight market. High supply and low demand create a saturated market. During a saturated market, there are an abundance of properties. That abundance gives buyers their pick of properties and makes sellers compete to get one of the […]
Inventory Is Low In Summit County But There Are Still Good Properties Out There!
You have probably heard that inventory levels are down in Summit County. We only have enough properties for sale to get us through the next 3 months. Of course, more properties will come on the market and carry us into the summer and fall months, our selling season. However, choices will be tight and competition may […]
Properties Are Scarce In Frisco Right Now
Are you looking for a home in Frisco? It is slim pickin’s right now. As I’m writing this there are only 21 residential properties for sale in Frisco. The lowest priced is a 3 bedroom condo for $428,000. Only 12 of the 21 properties are priced under a million dollars. There are 12 additional properties under […]
It’s The End Of Summer But Summit County Real Estate Is Still HOT!
It’s starting to feel like Autumn around Summit County. There’s a nip in the air, the big ski sales are underway, the leaves are changing and the tourist activity is winding down. Most people would believe real estate activity is winding down too but that is not the case. Real estate sales have been hot […]
The Number Of Properties For Sale Is Climbing… And So Are Prices
As we head into summer, it is typical for the number of properties on the market to increase. The ski areas have closed, seasonal rentals are done so it’s time for those interested in selling to get their properties ready and put them on the market. This year is no different in that respect. Since […]
Properties in Summit County are Selling Quickly!
Since the beginning of 2015 inventory levels of residential properties in Summit County have remained pretty constant. There are only 12 more properties on the market today than there were back then. But that isn’t because nothing new has come on the market. Properties are coming on every day, they are just being absorbed quickly. […]
Great January Sales in Summit County!
January Sales in Summit County are great! 85 residential, real estate sales in January made last month the best January since 2008! Quick January Stats Inventory levels continue to be low; hovering around 700 properties for sale in the entire county. Dillon only has 30 residential properties on the market now. That’s just under a two […]
Summit County Real Estate News Alert!
Inventory levels continue to decline in Summit County Buyers looking to own real estate in Summit County have been very active in the marketplace as witnessed by looking at the current inventory reduction of residential properties. The inventory of residential properties in Summit County has seen a 38% reduction of properties for sale in just […]