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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.

Archived Market Stats Videos

  • Summit County celebrated a strong July 2024 with our real estate volume and number of transactions. Year-to-date, 56% of our Residential sales were for properties that sold for $1M and more.

    • Market Analysis by Area for July 2024: There were a total of 158 transactions and $200,794,065 in monetary volume. The average transaction price for all 18 reported areas, plus deed restricted transactions, was $1,346,764. The average residential price was $1,424,021 and the average residential PPSF was $834.
    • Market Analysis by Area YTD 2024 (7 months): There were a total of 836 transactions and $1,136,601,374 in monetary volume. The average transaction price for all 18 areas, plus deed restricted transactions, was $1,424,634, the average transaction price was $1,455,194 and the average residential PPSF was $845. 
    • Market Snapshot for YTD 2024 vs YTD 2023:  Average indicators for $: Single Family +14%, Multi- Family +7% and Vacant Land -4%. Median indicators for Single Family +14%, Multi- Family +1% and Vacant Land +4%.
    • Market Analysis % Change 2024: Monetary volume in July 2024 was up 19% and transactions were up 8% from July 2023.  YTD 2024, transactions were up 24% and $ was up 5% from YTD 2023.
    • Residential Cost Analysis:  Residential volume in July had 123 transactions with $175,154,525 gross volume. There were 72 properties that sold for $1M and above in July. There were 45 single family, 78 multi-family and 10 vacant land transactions in July.  
    • Average Price History by Type YTD 2024: Average price for residential: Single Family: $2,369,152, Multi- Family: $1,016,074 and Vacant Land: $650,998. 
    • Comparative Historical Cost Analysis Comparison YTD 2024-2023-2022: In 2024, there were 644 transactions with $937,144,881 gross monetary volume with 356 properties selling for over $1M. In 2023, there were 602 transactions with $793,790,161 gross $ volume with 306 properties selling for over $1M. In 2022, there were 771 transactions with $1,046,882,011 gross $ volume with 399 properties selling for over $1M.
    • Top Lender Analysis July: There were a total of 277 loans, 91 loans related to sales, 57 REFI’s and 129 timeshare loans with 42% of real estate deals closing with cash. 
    • Purchaser Profile Abstract: There were 78 upper end sales, compared to 47 last month. 12 new construction closings in July. Our buyers for real estate transactions YTD 2024: Local buyers 29%, front range demographic at 38% and 33% 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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