Summit County real estate at a glance
special to the daily
To date this year sales are 28% ahead of last year’s miserable pace. Year over year average prices are down by about 5% to just over $500,000. Typically, prices rise through the year, and it’s a good bet that we’ll see about $550,000 by year-end. That would match the three years of price stagnation we had after 2001 after which prices jumped 18% in one year.
There were a total of 1,997 properties listed for sale last week.
6… number of times in Summit County history that the average
monthly sale price has been over $600,000 – last was December 2009
April 2006… last time the average monthly sales price was less than $400,000.
Chuck Leathers, CRS, Broker/Owner, has been a full-time Summit County Realtor since 1985. Go to http://www.chuckleathers.com to download sales and listings in your neighborhood and Chuck’s Quarterly Newsletter. Call (888) 485-2300 or e-mail him at ChuckLeathers@Realtor.com
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