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Summit County residential sales volume reached the $1 billion mark this December for the first time since 2007. With $1.02 billion in residential real estate sales in 2015, sales volume is up 22% over the previous year. In comparison, the number of residential transactions was up by less (13%) pushing the average sales price higher. The average price of a residential property is currently $568,082, up approximately $50,000 from the December 2014 average. Residential price per square foot rose 7% since last year to $363. |
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http://www.summitcountyrealestate.com/blog/2016/01/summit-county-residential-sales-reach-1-billion-in-2015/