Pending Summit County Real Estate Sales Up 20%.

UP: Sales are up this year 17%. Pending sales are up 20%. Last week's activity was similar to the previous few weeks of activity and that's up, up, up!

Last week: New listings up 65%, New Under Contracts up 30% and properties that sold last week up 61%.

The available inventory took a leap forward this week adding over 90 new listings. Learn more here, http://weeklyreactivity.com .

Here is an interesting graph representing condominium sales through July 7th of each year. The result this year is a 42% increase in the number of condos sold so far through July 7 - a great trend.

Although the county is on a very positive trend for condo sales the total sold so far is still about 8.5% less than the number of condos that sold January 1, 1993 through July 7, 1993 (that is as far back as MLS would allow me to do that search).

In other words, the local real estate market is soaring forward at a tremendous pace with a lot of room for additional improvement ahead.

Source: SAR Data for Residential (Condo, Townhome, Home, Duplexes) in Summit County, Colorado. Unless otherwise specified. **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.