Land Title Guarantee Company recently released its monthly Summit County real estate market analysis for June 2014. On a seasonal basis, June marks the true start of the big summer buying and selling season. The local real estate market in Summit County tends to see its highest level of activity during the summer and early fall.

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 June 2014 to the month of June in recent years, the totals were as follows:

• June 2009 – $34,049,300 generated from 80 transactions
• June 2010 – $83,871,000 generated from 138 transactions
• June 2011 – $65,751,300 generated from 104 transactions
• June 2012 – $52,117,600 generated from 109 transactions
• June 2013 – $61,178,100 generated from 140 transactions
• June 2014 – $62,036,850 generated from 148 transactions

Looking at these statistics, the local real estate market in June 2014 trended upward in comparison to June 2013. The number of real estate transactions in Summit County in June 2014 increased 6% from June 2013. The total dollar volume of sales in June 2014 increased 1% from June 2013.

To briefly recap results reported over prior months in 2014:

• In May 2014, the number of real estate transactions in Summit County increased 10% from May 2013, and the total dollar volume of sales in May 2014 increased 13% from May 2013.
• In April 2014, the number of real estate transactions in Summit County decreased 13% in comparison to April 2013, and the total dollar volume of sales in April 2014 decreased 7% from April 2013.
• In March 2014, the number of real estate transactions in Summit County increased 1% in comparison to March 2013, and the total dollar volume of sales in March 2014 increased a huge 30% from March 2013.
• In February 2014, the number of real estate transactions in Summit County decreased 10% in comparison to February 2013, and the total dollar volume of sales in February 2014 decreased 1% from February 2013.
• In January 2014, the number of real estate transactions in Summit County decreased 6% in comparison to January 2013, and the total dollar volume of sales in January 2014 decreased 2% from January 2013.

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.

New Silverthorne Real Estate Listings – Last 30 Days

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 SummitRealtor.com 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.