Summit County Market Update: Year to Date Through October 2025

The Summit County real estate market continues to show steady strength as we move through the final quarter of 2025. Year to date numbers through the end of October point to rising prices, strong buyer activity, and a meaningful increase in overall sales volume.

Below is a look at how the market is performing.

Sales Activity and Prices Continue to Climb

October activity was strong, with month over month sales increasing by 15 percent. This momentum continues a consistent upward trend for 2025.

• Year to date closings: 1,099, an increase of 11 percent

• Average sales price: $1,532,337, up 3.9 percent

• Average price per square foot: $830.60

Single family homes and condominiums are both experiencing positive appreciation and increased demand.

YTD Summit County Residential Market Stats (Through end of October, 2025)

Single Family Homes

• Sales up 22 percent

• Average sold price up 2.3 percent to $2,537,428

Condominiums

• Sales up 9 percent

• Average sold price up 1.5 percent to $868,709

These gains point to a market where buyers remain active across all product types while sellers continue to benefit from solid pricing.

Inventory Levels and Buyer Behavior

Inventory remains tight but is improving.

• Year to date inventory: 586 properties, up 6 percent

More inventory has helped balance the market slightly, but demand continues to outpace supply in many areas.

Homes are also taking longer to sell:

• Average days on market: 73 days, an increase of 21 days

This increase reflects a more normal pace of activity rather than a slowdown, especially given the rise in total sales and prices.

Pricing Stability

List-to-sold price ratios remain consistent.

• Average list to sold price ratio: 97 percent, no change from the previous period

This shows that properties priced correctly are still attracting strong offers, even with longer days on market.

What This Means Moving Forward

The overall picture for Summit County is one of healthy and stable growth. Inventory is slowly building, buyer activity remains strong, and prices continue to trend upward at a sustainable pace. Single family homes have seen the most significant jump in sales volume, while condominiums remain an attractive option for both lifestyle buyers and investors.

If you are considering buying or selling in Summit County, I am always happy to dive deeper into these numbers and help you understand what they mean for your property or your search. Don’t hesitate to get in touch!