Monday, January 28, 2013

Sales Down Pending Sales Up - Summit County, Colorado Real Estate

With 4 business days left in the first month of 2013 the current tally for sold residential properties in Summit County comes in at a -20%.
 
The current inventory of properties for sale is also down at a -12% year over year comparison.
 
What is up though is last week’s activity in Summit County. New listings (properties for sale) are up 26% and the number of sold properties last week witnessed a gain of 25%. The number of buyers seeking their dream property and finding it increased dramatically as is represented by an 87% increase in the number of properties going under contract.
 
The county has 4 business days to add about 21 purchases of residential properties to equal January of 2012. The last four business days of January 2012 there were 19 properties purchased, so this 1st month could end up being a very close race.
 
We will know in one week.
 
Source: SAR Data for Residential (Condos, Townhome, Homes, Duplexes) in Summit County, Colorado only. * The information contained herein is based on information provided by others. Accordingly, we make no guarantee of its accuracy and suggest you make an independent inquiry of any matters you regard as important. 

Learn more here: http://www.eColoradoHomes.com 

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