The May Summit and Park County Real Estate Market Report is attached for your review. Interest rates continue to vary, and the market is still moving along due to the demand for mountain homes and the great mountain lifestyle. It looks like the pre-covid seasonal trend of increased inventory over the summer months may be returning this year giving clients more choices of vacation homes.
The Summit County real estate market for May 2022 vs May 2021 shows the following trends.
| Single Family Homes | Condominium/Townhomes | |
| Sold Listings | -16.3% | -37.1% |
| Average Days on Market | -40.9% | -21.1% |
| New Listings | -9.1% | -14.3% |
| Median Sales Price | +42.3% | +11.8% |
| Inventory of Homes | +24.7% | +7.4% |
We are representing a few new construction homes in Park County that will be available to move in between June and November. Just give us a call for more information.
If you or a colleague are interested in exploring opportunities to invest in land, a second home, or an investment property, please feel free to contact Scott at 970-485-4065 or Anne at 608-345-2734.
How Can We Help?
We hope that you’ve found this May 2022 Summit & Park County Market Report informative. If you need buying or selling guidance or help in the Summit or Park County area please reach out! We will also continue to provide you with relevant and up-to-date information here on our blog.
If you would like more information on how the Summit and Park County real estate market is doing, you can also sign up for our detailed monthly market report by clicking this link.
Best Regards,
Scott & Anne Lindblom
Broker Associates
[email protected]
[email protected]
Scott: 970-485-4065
Anne: 608-345-2734
www.LindblomGroupe.com