September 2019 Monthly Market Statistics for Summit and Park County
Summit County, Co
Market Update Summit County September 2019
Park County, Co
Market Update Park County September 2019
Monthly Indicators
New Listings were down 8.2 percent for single family homes but increased 55.6 percent for townhouse-condo properties. Pending Sales landed at 161 for single family homes and 274 for townhouse-condo properties.
The Median Sales Price was up 23.3 percent to $759,025 for single family homes and 19.1 percent to $530,000 for townhouse-condo properties. Days on market increased 45.8 percent for single family homes and increased 22
percent for townhouse-condo properties.
In Washington there are discussions around a broad overhaul of the housing finance system, including the re-privatization of Fannie Mae and Freddie Mac and reforms to federal agencies involved with financing substantial portions of the mortgages made every year. Many of these policy conversations and eventual changes will take months or years to be implemented and their impact is not yet clear. While Halloween decorations are beginning to adorn homes around the country, the real estate market this fall is looking far from scary.
