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.
Summit County real estate dollar volume and transactions YTD 2024 are pacing above YTD 2023, however June 2024 was a slower month. 2nd Q 2024 data is available below!
- Market Analysis by Area for June 2024: There were a total of 102 transactions and $127,670,166 in monetary volume. The average transaction price for all 18 reported areas, plus deed restricted transactions, was $1,324,878. The average residential price was $1,346,517 and the average residential PPSF was $844.
- Market Analysis by Area YTD 2024 (6 months): There were a total of 678 transactions and $935,807,309 in monetary volume. The average transaction price for all 18 areas, plus deed restricted transactions, was $1,442,270, the average transaction price was $1,462,553 and the average residential PPSF was $848.
- Market Snapshot for YTD 2024 vs YTD 2023: Average indicators for $: Single Family +16%, Multi- Family +7% and Vacant Land -7%. Median indicators for Single Family +14%, Multi- Family 1% and Vacant Land -5%.
- Market Analysis % Change 2024: Monetary volume in June 2024 was down 10% and transactions were down 20% from June 2023. YTD 2024, transactions were up 4% and $ was up 26% from YTD 2023.
- Residential Cost Analysis: Residential volume in June had 77 transactions with $103,681,806 gross volume. There were 43 properties that sold for $1M and above in June. There were 27 single family, 50 multi-family and 5 vacant land transactions in June.
- Average Price History by Type YTD 2024: Average price for residential: Single Family: $2,424,489, Multi- Family: $1,020,656 and Vacant Land: $635,118.
- Comparative Historical Cost Analysis Comparison YTD 2024-2023-2022: In 2024, there were 521 transactions with $761,990,356 gross monetary volume with 284 properties selling for over $1M. In 2023, there were 491 transactions with $645,963,120 gross $ volume with 243 properties selling for over $1M. In 2022, there were 683 transactions with $939,482,232 gross $ volume with 360 properties selling for over $1M.
- Top Lender Analysis June: There were a total of 253 loans, 59 loans related to sales, 65 REFI’s and 129 timeshare loans with 42% of real estate deals closing with cash.
- Purchaser Profile Abstract: There were 47 upper end sales, compared to 58 last month. No new construction closings in June. Our buyers for real estate transactions YTD 2024: Local buyers 28%, Front Range demographic at 38% and 33% were out-of-state buyers. International buyers were at 1%.
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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