Summit County residential sales are now up 2% countywide!
Pending transactions are up throughout the nation…the reports coming out today are comparing the activity to that of the same time period in 2001. Our local number of properties that are pending (under contract) is up a whopping 27%!
Today there are 198 listings pending and last year at this time there were 156. Of those 198 82 of the properties are located in the South Side of the county and 116 are in the North Side of the county. Great activity!
The current active inventory is growing closer to the same as last year and now is only separated by about 6%. The next few months will prove to be very interesting as the active inventory increases, but also as we monitor the under contract activity – will it continue?
RE/MAX Properties of the Summit