January 2020 Real Estate Market Update for Summit and Park County, Colorado
Summit County, Co
Market Update Summit County January 2020
Park County, Co
Market Update Park County January 2020
Monthly Indicators
New Listings were down 17.9 percent for single-family homes and 18.5 percent for townhouse-condo properties. Pending Sales landed at 95 for single-family homes and 147 for townhouse-condo properties.
The Median Sales Price was down 36.6 percent to $570,783 for single-family homes but increased 39.1 percent to $598,000 for townhouse-condo properties. Days on Market decreased 12.5 percent for single-family homes but increased 13.6 percent for townhouse-condo properties.
We start off the year with continued low-interest rates, low unemployment, and rising rents nationally. These factors should encourage healthy buyer demand and sets us up for a strong start to the 2020 housing market and a lot of optimism for the coming spring market.
Activity Snapshot
| One-Year Change In Sold Listings All Properties |
One-Year Change In Median Sales Price All Properties |
One-Year Change In Active Listings All Properties |
| + 0,0 % | – 0,8 % | – 19,5 % |
Source: http://summit.stats.showingtime.com
