Author Archives: Eric Buck

October is top dollar month this year.

October produced the year’s highest monthly dollar volume of real estate transactions in Summit County in what has already been a very strong 2013. Sales of $111 million topped a October 2012 by 6% and were the highest sales of … Continue reading

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Best September for Summit County real estate in five years.

Real estate activity in September saw its best numbers in the last five years. Transaction volume increased 13% from August and 54% from the year ago period to 244 sales. That is the highest transaction volume since November of 2007 … Continue reading

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August sees blowout numbers

August produced the highest monthly dollar volume of Summit County real estate sales in nearly 5 years. Sales for the month totaled $105.5 million up 53% from a year ago and last exceeded by $118.2 million in sales in October … Continue reading

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Summit market maintains double digit gains

The real estate market in Summit County remained robust in July with a 23% increase in transactions versus a year ago. With 155 transactions, it represented the most active July since 2007 which saw 301 sales. Dollar volume was also … Continue reading

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First six months sees 23% increase in Summit County real estate activity

Although we saw a seasonal dip in June, year over year comparisons continue to show very strong gains. June closings rose 28 percent versus a year ago to 140 versus 109. Dollar volume increased 17 percent to $61.2 million. Both … Continue reading

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Summit County Real Estate Post Double Digit Gains in May

Real estate transactions posted another strong gain in May despite relatively tough comparisons. For the month, sales were up 18 percent in both number of transactions and dollar volume. That is on top of a May 2012 which itself had … Continue reading

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April Summit County real estate shows another strong gain.

April Summit County real estate sales showed another strong month with double digit increases in both volume and dollars. Total transactions rose to 134 or a 19% gain over the year ago period and showed the seventh consecutive month with … Continue reading

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Falling inventories generating higher prices.

Fannie Mae is predicting that falling housing inventories nation wide are likely to contribute to a 5.1% increase in selling prices in 2013. Summit County is certainly participating in that inventory decline with listings down 12.5% from the same time … Continue reading

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First quarter off to bang-up start

The real estate market in Summit County is getting off to a far stronger start than in 2012. Last years first quarter saw an 8% decline in transactions and 5% decline in dollar volumes. In contrast, this year’s first quarter … Continue reading

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Sales volume continues to rise in Summit County

Summit County real estate transaction volume showed another double digit increase in February rising 16% to 92 transactions.  That follows a 13% gain in January and a 12% increase for all of 2012. Dollar volume did not fare as well … Continue reading

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