Summit County | June 2016 Market Analysis
Market Analysis by Area for June 2016- June real estate was a bit off from last June 2015. There were 220 transactions and a total of $113,032,009 in monetary volume. Average transaction price for all 18 reported areas: $557,775, Average residential price, $568,592 average residential and PPSF at $358.
Residential Market Sales by Price Point: Residential volume in June had 187 transactions with $106,326,664 gross volume. There were 17 properties that sold for $1M and above in June. The most active price points were between the $200K-$300K range this month. There were 62 Single Family, 125 Multi-Family and 14 Vacant Land transactions in June.
Comparative Historical Cost Analysis (6 months): There were 816 residential transactions and $467,856,447 volume with 78 properties selling for a $1M and over-compared to 2015, there were 797 transactions and $429,609,700 gross volume, 72 properties at $1M and over and in 2014, there were 624 transactions with $318,435,356 gross volume, 53 properties at $1M and over.
Source: Land Title GuaranteePosted by Andrew Biggin on