Summit County CO Market Analysis for April 2013

Land Title Guarantee Company just released its monthly Summit County CO market analysis for April 2013. Historically, since it marks the end of ski season with traditionally lower tourist visits and a lot of locals planning vacation, April is normally a quiet time for real estate transactions. However, Summit County real estate transactions in April 2013 actually outpaced either June or July 2012.

As part of its analysis, LTGC provided the monthly percentage change in total dollar volume & total number of real estate transactions across Summit County. Comparing April 2013 to the month of April in recent years, the totals were as follows:

  • April 2009 – $37,792,900 generated from 68 transactions
  • April 2010 – $40,792,200 generated from 91 transactions
  • April 2011 – $66,323,300 generated from 106 transactions
  • April 2012 – $52,777,200 generated from 113 transactions
  • April 2013 – $64,326,500 generated from 134 transactions

Looking at these statistics, the number of real estate transactions in Summit County in April 2013 increased by 19% over April 2012. The total dollar volume of sales in April 2013 surged 22% over April 2012. For number of property transactions, April 2013 was also the best month of April since 2008.

Overall, for the first quarter of 2013, Summit County is ahead by 18% monetary volume ($205,111,700) and also ahead 22% for transaction numbers (452) in comparison to the same period in 2012. To briefly recap results reported over prior months, in March 2013, the number of real estate transactions in Summit County in March 2013 increased by an enormous 46% over March 2012. And, the total dollar volume of sales in March 2013 increased 25% over March 2012. Turning to February 2013, the number of real estate transactions in Summit County in February 2013 increased by 16% over February 2012. However, the total dollar volume of sales in February 2013 decreased slightly by 6% over February 2012. Finally, in January 2013, the total dollar volume of sales in January 2013 surged 33% over January 2012. Meanwhile, the number of real estate transactions in Summit County in January 2013 increased by 13% over January 2012.

If you’re interested in buying a Summit County home, there are of course plenty of great opportunities available. Please don’t hesitate to contact Philip for help.

Luxury Summit County Homes Newly Listed Within Past Month

The market analysis information and representations regarding market analysis above are based in whole or in part on information provided by Land Title Guarantee Company. Although the information above is believed to be true and correct, the information cannot be guaranteed. Therefore, neither nor Land Title Guarantee Company can in any way be held responsible for its accuracy. The data above does not reflect all real estate activity in the market.