With very little time left in 2012 the county is at a plus 19% gain in the number of properties sold with a 22% gain on the North Side and a 9.5% gain on the South Side.
The current inventory of properties for sale is down 17% from last year at this time and the current number of properties under contract and getting ready to close is amazingly the exact same 163 today and 163 last year a this same time – that’s interesting. What else is the same…well the average sold price county wide is exactly the same as is the average sold price on the South Side of the county. The North Side has dropped from a 2.5% improvement as of last week in average sold price to a 1.9% today.
The next few weeks will be very interesting to watch and see as we tally the results. This past week was a busy week with new listings reporting up, newly under contracts up 84% and sold properties up 42%.
Source: SAR Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. * The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important.