Tuesday, July 10, 2012

Q1 and Q2, 2012 Market Report


     Through the first two quarters of 2012 Summit County saw 506 residential transactions with an average sales price of $522,532.  This represents a 15% increase in transactions and 3.6% decrease in average sales price compared to the same time frame in 2011.
            
     When breaking the number of transactions down by price point the data is as follows:

  • There were 106 transactions under $250,000 compared to 101 in 2011 (up 5%).

  • There were 202 transactions between $250,000 and $500,000 compared to 170 in 2011 (up 19%).

  • There were 166 transactions between $500,000 and $1,000,000 compared to 128 in 2011 (up 30%).

  • There were 40 transactions over $1,000,000 compared to 46 in 2011 (down 13%).


As always, if you have and questions or would like to see this information in a different format, please feel free to contact me anytime at the information below.

All the best,

Tyler MacGuire  e-PRO®, SFR
Broker Associate
Omni Real Estate Company
Office: 970-468-2740
Mobile: 970-409-7779    

       

“Your Guide to Summit County Real Estate

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