Market Update: October 2024

Market Update: October 2024

I always tell clients that real estate moves slowly. We are seeing similar numbers in statistics as we have in past months, but anecdotally, we have been able to get some great deals for buyers on properties recently, suggesting that pricing could be softening, but we...
Market Update: April 2024

Market Update: April 2024

We are preparing for the summer selling season at The Amy Nakos Group. We are looking to add approximately 10-15 listings in May and June. If other brokerages are also preparing to release new listings, we could see some great new inventory hitting the market soon. ...
April Market Update

April Market Update

Same old story here. Pricing is really holding steady. Average sales price (trailing 12 months) is up slightly in March from $1.291m in February to $1.309 in March. March only had 84 sold residential listings​​​​​​​, down from 95 in February. This is a little...
March 2024 Summit County Market Report

March 2024 Summit County Market Report

February Sold Listings jumped up a bit to 94 from a paltry 61 in January. This sales number is in line with the previous 5 years showing that the market is remaining strong despite the headwinds of higher interest rates. Median Sales price is $999,000 and Average...
February 2024 Market Update

February 2024 Market Update

I am still surprised at the resiliency of the pricing in our market. Resort markets like ours are holding strong because of the desirability of the location and amenities, which keep demand very high. With high demand, the competition keeps the pricing competitive,...
Real Estate Market Update: January 2024

Real Estate Market Update: January 2024

Here is how the market is faring for all Summit County residential real estate. Sold Listings December 2023 saw a total of 94 closings which is the least it has been since 2015, which is as far back as the software data goes. Historical number of sales in December:...