☀️ Summer Momentum in Summit County: Market Insights You Need to Know
Summer is in full swing in Summit County — and the real estate market is just as vibrant. Whether you’re considering a move, a mountain getaway, or simply curious about trends, now is a great time to take a closer look.
📈 More Inventory = More Opportunities
Active listings have jumped 28% compared to this time last year — and are now higher than pre-pandemic levels. With nearly 900 homes on the market, buyers are seeing the widest selection in over six years.
🔥 Buyer Activity is Heating Up
Sales surged 15% in June compared to last year. While the average sold price dipped by 4%, the year-to-date numbers tell a more balanced story: sales are up 7% overall, and average prices have increased 2%.
🏠 What’s Selling & What It Means
Single-Family Homes: Sales are up a solid 24%, with a slight 2% dip in pricing — a potential sweet spot for savvy buyers.
Condos: Sales are steady year-over-year, while prices have edged up by 1%.
Townhomes: Virtually unchanged in volume, but prices have climbed 4%, signaling continued interest in low-maintenance living.
💡 What This Means for You
Buyers are finally seeing more choices — and a touch more negotiating power. Meanwhile, sellers continue to benefit from strong property values, especially in the single-family and townhome segments.
Thinking about making a move?
Whether you’re buying, selling, or just watching the market, I’d be happy to walk you through what these trends mean for you — and how to make the most of this summer market in Summit County.
Year-To-Date 2024 Market Statistics:
Residential Stats by Town Through 2024 | Average Sold Prices 2000 - 2024
Single Family Home Stats by Town Through 2024 | Condominium Stats by Town Through 2024.
