By now you have probably heard (perhaps multiple times) that
the housing market recovery has begun.
However, there are still some great opportunities to take advantage of
historically low interest rates and low prices.
Specifically, the Summit County Condo Market is an incredible opportunity
right now!
In 2011,
534 condos sold in Summit
County with an average
sales price of $339,791. By comparison,
2012 saw 609 sales (14% increase) while the average sales price dropped 9% to
$309,308. In short prices are still very
low but, with transactions on the rise prices are likely to go up in the foreseeable
future.
Currently
there are still 549 active condo listings on the market with another 70 pending
sale. Please feel free to contact me
anytime to discuss which of these properties is right for you.
All the best,
Tyler MacGuire e-PRO®, SFR, CNE
Broker Associate
Omni Real Estate Company
Office: 970-468-2740
“Your Guide to Summit County Real Estate”
The information contained herein is based solely on the Summit County MLS.