Monday, November 05, 2012

Closed Properties up 15% from 2011


The number of properties getting ready to close versus this time last year are up 11% and the number of properties that have already closed are up 15%! The year in Summit County is winding down rather well...

 

This past week the county had -33% fewer new listings, -5% fewer properties going under contract and 20% more properties sold.

 

If our market holds at the current improvement and each year following this one remains at this year’s percent improvement Summit County will regain its peak number of closings by the end of 2017!

 
Congratulations to all as RE/MAX Properties of the Summit is clearly the leader in Summit County for the number of transactions closed; in fact, number two would have to improve by an additional 145 closed transactions year to date just to catch up! In Frisco, #2 would have to more than triple their number of closed transactions to just catch up...more on this later this week.


This week stats and graph links.