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.
- November real estate was up 55% with monetary volume and was up 41% with transactions from November 2023!
- Market Analysis by Area for November 2024: There were a total of 169 transactions and $245,747,915 in monetary volume. The average transaction price for all 18 reported areas, plus deed restricted transactions, was $1,553,312. The average residential price was $1,586,041 and the average residential PPSF was $840.
- Market Analysis by Area YTD 2024 (11 months): There were a total of 1,500 transactions and $2,059,114,499 in monetary volume. The average transaction price for all 18 areas, plus deed restricted transactions, was $1,445,362. The average residential transaction price was $1,492,238 and the average residential PPSF was $839.
- Market Snapshot for YTD 2024 vs YTD 2023: Average indicators for $: Single Family +15%, Multi- Family +6% and Vacant Land +7%. Median indicators for Single Family +12%, Multi- Family +1% and Vacant Land +14%.
- Market Analysis % Change 2024: Monetary volume in November 2024 was up 55% and transactions were up 41% from November 2023. YTD 2024, transactions were up 4% and $ was up 19% from YTD 2023.
- Residential Cost Analysis: Residential volume in November had 139 transactions with $220,459,686 gross volume. There were 75 properties that sold for $1M and above in November. There were 52 single family, 87 multi-family and 6 vacant land transactions in November.
- Average Price History by Type YTD 2024: Average price for residential single family: $2,395,612, multi-family: $1,014,538 and vacant land: $724,639.
- Comparative Historical Cost Analysis Comparison YTD 2024-2023-2022: YTD 2024, there were 1,168 transactions with $1,742,934,296 gross monetary volume with 643 properties selling for over $1M. In 2023, there were 1,114 transactions with $1,495,441,225 gross $ volume with 582 properties selling for over $1M. In 2022, there were 1,306 transactions with $1,739,433,561 gross $ volume with 638 properties selling for over $1M.
- Top Lender Analysis November: There were a total of 267 loans, 101 loans related to sales, 60 REFI’s and 106 timeshare loans with 40% of real estate deals closing with cash.
- Purchaser Profile Abstract plus : There were 81 upper end sales and 9 new construction closings in November. Our buyers for real estate transactions YTD 2024 (rounded up): local buyers 28%, front range demographic at 37% and 35% were out-of-state buyers. International buyers -only 4 YTD.
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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