Author Archives: Eric Buck

2023 Off To Slow Start

Summit County real estate sales saw a sharp decline in January from both versus the prior month and versus January of 2022.  January transactions were down 47.1 percent from December while the dollar volume of sales for the period declined … Continue reading

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November Maintains Downward Trend

Summit County real estate sales continued their recent declines on both a sequential month and year over year basis. In November, the dollar volume of sales fell 5.3 percent from October. The number of sales was off 18.8 percent in … Continue reading

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September Sales Slip

While the snow guns are firing up the Summit County housing market is cooling down.  September real estate sales dropped in both dollars and number of transaxtions.  Dollar volume in the month was off 3.4 percent from August while transaction … Continue reading

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Modest August Rebound

After a dip in July, August Summit County real estate sales rebounded somewhat posting gains in both dollars and the number of transactions.  The  number of closed sales in August rose 6.5 percent from the prior month to 262  while … Continue reading

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Summit County Sales Appear to Peak Early

As expected, July gains in Summit County real estate sales moderated substantially from the torrid pace of the first half of the year.  COVID restrictions severely impacted the first six months of 2020 making comparisons quite easy, strong gains in … Continue reading

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Sequential Pause In April Sales

April Summit County real estate sales softened modestly from the levels of March.  However, they showed spectacular gains versus the COVID depressed results of last year.  From March to April, the number of transactions fell  11.2 percent to 231 closed … Continue reading

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March Shows Strong Gains

As expected Summit County real estate sales saw very strong gains in March versus the Covid constrained sales of March 2020.  The transaction count was up 95% year over year to 280 sales.  Transaction dollars were up an even more … Continue reading

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Summit County real estate in seasonal slide

Summit County real estate sales took another substantial sequential decline in January following its normal seasonal pattern.  Transaction volume in January fell  43.4 percent to 160 sales.  Dollar volume was off a similar 45.0 percent.  Despite those sharp sequential declines … Continue reading

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2020 Ends With Record Year

The lack of inventory finally took its toll on Summit County Real Estate sales in December.  Overall transaction volume fell 28.2 percent to 283 sales while dollar volume was off 33.3 percent at $236.6 million.  Both represented the lowest figures … Continue reading

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2020 Starts with a Whimper

While Summit County real estate activity ended 2019 with a bang, it began 2020 with a whimper.  December 2019 saw 230 real estate transactions in the county, a number that fell 42 percent in January to a mere 134 sales.  … Continue reading

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