MyMarketPulse (mymarketpulse.com) just released its analysis of the February 2024 market data for Summit County, Utah.
The report shows that the Median Sale Price in Summit County reached $2,450,000 as of February 2024, marking an increase of 15.30% over the previous month and a 18.10% rise compared to a year ago.
The area witnessed the sale of 39 homes during this period, which is a 56.00% increase from the preceding month and a decrease of 7.10% compared to the same timeframe last year.
The Median Days on Market for homes in Summit County stood at 148 days, which is an increase of 25 days days over the previous month and up by 82 days day from the previous year.
The Market Pulse Score for Summit County is presently at 94, signaling a downward trajectory in the market’s activity.
For more information about the Summit County, Utah 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.
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