Market Stats
SUMMIT COUNTY
MARKET STATS
Here is where you can find all the latest info on the Summit County, CO market from Anne Skinner with The Skinner Team.
- Fifty-seven percent of our residential sales were over $1M in Summit County. Median residential price hit a new record YTD at $1.1M.
- Market Analysis by Area for September 2024: There were a total of 156 transactions and $233,362,066 in monetary volume. The average transaction price for all 18 reported areas, plus deed restricted transactions, was $1,550,059. The average residential price was $1,748,868 and the average residential PPSF was $845.
- Market Analysis by Area YTD 2024 (9 months): There were a total of 1148 transactions and $1,599,700,234 in monetary volume. The average transaction price for all 18 areas, plus deed restricted transactions, was $1,461,711, the average residential transaction price was $1,506,609 and the average residential PPSF was $842.
- Market Snapshot for YTD 2024 vs YTD 2023: Average indicators for $: Single Family +15%, Multi- Family +9% and Vacant Land -3%. Median indicators for Single Family +12%, Multi- Family +1% and Vacant Land +11%.
- Market Analysis % Change 2024: Monetary volume in September 2024 was down 11% and transactions were down 11% from September 2023. YTD 2024, transactions were flat (0%) and $ was up 16% from YTD 2023.
- Residential Cost Analysis: Residential volume in September had 122 transactions with $213,361,8958 gross volume. There were 67 properties that sold for $1M and above in September. There were 46 single family, 76 multi-family and 7 vacant land transactions in September.
- Average Price History by Type YTD 2024: Average price for residential single family: $2,400,760, multi- family: $1,036,758 and vacant land: $656,691.
- Comparative Historical Cost Analysis Comparison YTD 2024-2023-2022: YTD 2024, there were 885 transactions with $1,333,349,234 gross monetary volume with 424 properties selling for over $1M. In 2023, there were 881 transactions with $1,175,010,908 gross $ volume with 453 properties selling for over $1M. In 2022, there were 1057 transactions with $1,419,816,434 gross $ volume with 526 properties selling for over $1M.
- Top Lender Analysis September: There were a total of 290 loans, 80 loans related to sales, 64 REFI’s and 146 timeshare loans with 49% of real estate deals closing with cash.
- Purchaser Profile Abstract plus : There were 70 upper end sales and 9 new construction closings in September (Alcove in Keystone started to close last month). Our buyers for real estate transactions YTD 2024 (rounded up): local buyers 29%, front range demographic at 36% and 34% were out-of-state buyers. International buyers were at 0%.
Please note that Land Title data comes from actual recorded transactions at the County Clerk and Recorder’s Office for that particular month. The information is not directly related to MLS data. The data is an unofficial tabulation of Summit County Records that are believed to be reasonably accurate.
35 Year Residential Average Price Housing Index - Summit County
35 year residential Appreciations Rates
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