Category Archives: Summit County Market Statistics

Summit County Market Statistics

Numbers don’t show it yet but real estate is feeling better.

Volumes took their normal seasonal dip in January but were up against a very weak January of a year ago.  Unit sales in the County dropped 68% to 96 transactions in January versus 140 in December but were up 10% … Continue reading

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Summit County real estate sales end year on down note

December real estate sales in Summit County softened somewhat versus a year ago with unit volume falling 9% to $140 transactions.  As has been typical this year, dollar volume comparisons were even worse, dropping 13% to $61.6 million.  For the … Continue reading

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Summit real estate prices show some stabilization in November

November real estate sales in Summit County followed an all too familiar pattern with unit sales showing a marginal year-over-year increase but dollar volume continuing to decline.  During the month, there were a total of 142 closings, up .7% from … Continue reading

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Summit County real estate sales continue to move downmarket.

October sales in Summit County followed what has become an all too common pattern – an increase in transaction volume but a decline in dollar sales. For the month, the number of transactions rose 5% year-over-year to 161 and were … Continue reading

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Sales rise in September

September Summit County sales posted their second consecutive monthly improvements in both the number of transactions and total dollar value. Transactions in September rose 8% from August and were up 2% year-over-year (YOY). Dollar volume was up 21% from the … Continue reading

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Summit County for sale inventory on the decline

According to the National Association of Realtors (NAR), the inventory of homes listed for sale fell 20% compared to a year earlier. At 2.19 million homes, that represents the lowest inventory since Realtor.com began tracking the data back in 2007. … Continue reading

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Slow Recovery

The Summit County real estate market continues to slowly recover although the action continues to be strongest at the lower end of the market.  In April,  transaction volume rose 5.8% sequentially and 34% year over year with 91 sales in … Continue reading

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