During the month of August Summit County saw 206 residential transactions totaling 257.2M in sales volume. Compared to August 2020, this is a decrease in transactions of 30%, but only a 5% decrease in volume. Year-to-date sale volume is still trending well ahead of this time a year ago, now at $1.48Billion. The luxury market of $1Million+ sales is also still trending ahead of 2020, now at 495 transactions for the year, up 82%. The highest sale in August was for $6,750,000 in the Gold Flake Subdivision in Breckenridge. Year-to-date land transactions are up 11%, with 107 closings so far in 2021.
The 3-month average sales price is now at $1,134,383 and the 3-month average price per square foot is at $678. The days on market 3-month average is down 64% compared to a year ago, now at 20 days. The 3-month average list vs sold price remains unchanged for the last 3 months sitting at 102%
As of September 7th, there were 230 active listings in Summit County, of which 196 were residential and 34 land. This is a 57% decrease in inventory compared to September 2020.
Data used in this write-up were collected from the MLS on 9/7/2021
