February 2019 Monthly Market Statistics for Summit and Park County
Summit County, Co
Market Update Summit County February 2019
Park County, Co
Market Update Park County February 2019
Monthly Indicators
New Listings were up 23.1 percent for single family homes and 19.8 percent for townhouse-condo properties. Pending Sales landed at 92 for single family homes and 162 for townhouse-condo properties.
The Median Sales Price was up 7.8 percent to $792,500 for single family homes but decreased 31.2 percent to $426,000 for townhouse-condo properties. Days on Market decreased 15.2 percent to 95 days for single family homes but increased 26.2 percent to 82 days for townhouse-condo properties.
The National Association of REALTORS® recently reported that national existing-home sales were down slightly during January 2019 and that pending sales were up in year-over-year comparisons. It is worth noting that some softening of sales was anticipated, as was a positive sales bounce during January 2019 after a slow end to 2018. Weather-related events have hampered some of the necessary machinations of making home sales during February 2019, yet buyers have shown determination toward achieving their homeownership goals.
