In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Summit County, Colorado.
The report shows that the Median Sale Price in Summit County reached $1,729,000 as of August 2024, marking an increase of 8.2% over the previous month and a 19.6% drop compared to a year ago.
During this period, 43 homes were sold in the area, reflecting an increase 13.2% compared to the month beforeand and a decrease of 4.4% from the same month in the previous year.
Furthermore, homes in Summit County were on the market for an average of 18 days before selling, reflecting an increase of 3 days days month-over-month and a decrease of 25 days day year-over-year.
With the Market Pulse Score sitting at 107, the trend in Summit County’s housing market seems to be rising.
For more information about the Summit County, Colorado market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – What the Pros Know