Market Updates

January 2026 stats were slightly below the regular January trends. January tends to be the lowest month for sales volume, due to the holiday season’s lack of contracts. There were only 58 residential sales in Summit County in January 2026. Not too unusual for January...

The past year has been the best in four years with more sales volume in both number of sales and dollar volume than the years 2022-2024. Watch our full video recap below:Median sales price and average sales price are down slightly from 2024 at -2.8% and -1.45%,...

September was a bright spot in market activity and in October we saw dips in number of sold properties, average and median pricing, and price per square foot. Average sale price for Summit County residential properties in the last month fell from $1,594,698 to...

Our active listings are up 25% compared to last year, and we are 50% above pre-COVID levels. This translates to about 8 months of inventory. There are a lot of properties to choose from right now, but we are coming down from our typical summer peak, and there will...

The market year to date is fairly consistent with last year as far as sales volume, but we anticipate the year end statistics will reflect the softening we are feeling. Summit County has a consistent peak for new listings in June (the most listings added in June) and...

Real estate metrics measure a Buyer’s market at more than 6 months of inventory. In June, Summit County residential months of inventory was at 8 months. It’s safe to say that we are in a Buyer’s market. Months of supply at 8. Highest MOS we have seen going back as far...

As we ramp up toward our busy season in Summit County, we appear to be entering into a buyer's market where buyers have more ability to negotiate because we have more supply than demand. This chart shows the supply (new listings) in blue and the demand (pending...

The Summit County real estate market has experienced notable shifts over the past three years, transitioning from a pandemic-driven boom to a more balanced landscape. Here's an in-depth analysis comparing the market trends from 2022 through early 2025.  Market...