We would like to take a quick minute for a Summit County Real Estate Statistics update for October, 2015. The seasons are changing here in Summit County, Colorado and so is the housing market!
Please also check out this comprehensive statistical review compiled by our good friends at Land Title Guarantee Company! Click the link directly below for some very interesting stats and facts regarding the housing market here in Summit County, Colorado.
August 2015 had the highest monetary volume ever recorded for Summit County, Colorado. There are still some great buys out there, watch the quick video above for the latest details.
Here are some of the headlines:
- Market Analysis by Area for August: August was the best gross volume that Summit County has on record and only surpassed the transactions in September 2014! There was $142,534,040 in monetary volume and 267 transactions. The average transaction price for all reported 18 areas: $535,208, average residential: $543,075, median residential: $430,000 and average PPSF: $344.
- Market Analysis % Change showing years 2004-2015 : Monetary volume ($142,534,040) in August is up +49% compared to August 2014. Number of transactions (267) are up 25% in August 2015 compared to August 2014. YTD ( 8 months) Summit County real estate is up 37% in monetary volume and up 23% with number of transactions compared to YTD 2014.
- Average residential pricing remains steady for 2015- Single Family: $854,417, Multi- Family:$393,539 and Vacant Land: $376,467
Land Title Guarantee Company August 2015 Market Analysis
We hope our Summit County Real Estate Statistics video is helpful, whether you're just juggling the idea of buying property in Summit County, Colorado or if you've been looking and researching for quite some time. My team and I are here to answer any questions you may have and would love to show you some properties while you're in Summit County next. Feel free to reach out, we're happy to help!
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