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Category Archives: Random Thoughts
2023 Off To Slow Start
Summit County real estate sales saw a sharp decline in January from both versus the prior month and versus January of 2022. January transactions were down 47.1 percent from December while the dollar volume of sales for the period declined … Continue reading
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September Sales Slip
While the snow guns are firing up the Summit County housing market is cooling down. September real estate sales dropped in both dollars and number of transaxtions. Dollar volume in the month was off 3.4 percent from August while transaction … Continue reading
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Modest August Rebound
After a dip in July, August Summit County real estate sales rebounded somewhat posting gains in both dollars and the number of transactions. The number of closed sales in August rose 6.5 percent from the prior month to 262 while … Continue reading
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Summit County Sales Appear to Peak Early
As expected, July gains in Summit County real estate sales moderated substantially from the torrid pace of the first half of the year. COVID restrictions severely impacted the first six months of 2020 making comparisons quite easy, strong gains in … Continue reading
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Sequential Pause In April Sales
April Summit County real estate sales softened modestly from the levels of March. However, they showed spectacular gains versus the COVID depressed results of last year. From March to April, the number of transactions fell 11.2 percent to 231 closed … Continue reading
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March Shows Strong Gains
As expected Summit County real estate sales saw very strong gains in March versus the Covid constrained sales of March 2020. The transaction count was up 95% year over year to 280 sales. Transaction dollars were up an even more … Continue reading
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Summit County real estate in seasonal slide
Summit County real estate sales took another substantial sequential decline in January following its normal seasonal pattern. Transaction volume in January fell 43.4 percent to 160 sales. Dollar volume was off a similar 45.0 percent. Despite those sharp sequential declines … Continue reading
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2020 Ends With Record Year
The lack of inventory finally took its toll on Summit County Real Estate sales in December. Overall transaction volume fell 28.2 percent to 283 sales while dollar volume was off 33.3 percent at $236.6 million. Both represented the lowest figures … Continue reading
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2020 Starts with a Whimper
While Summit County real estate activity ended 2019 with a bang, it began 2020 with a whimper. December 2019 saw 230 real estate transactions in the county, a number that fell 42 percent in January to a mere 134 sales. … Continue reading
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Summit County Real Estate Ends Year With A Bang
Summit County real estate sales ended 2019 with a big bang. Dollar sales rose 27 percent to $181.6 million while transaction volume increased 29 percent to 230 sales. While transaction volume was essentially flat with November of this year, dollar … Continue reading
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