Summit County Market Update September

Hello Summit County!

Fall is here, so let’s take a look at the Summit County Real Estate Market as we move into the colder months.

Here's the Breakdown:

In September, we saw homes sitting on the market for an average of 38 days. This is a slight increase from the 34 days we discussed in June. This isn’t surprising, as we get closer to the Holidays, the market will start to slow. October is starting off at 33 Days, but it’s only the 3rd, so we’ll have to wait and see. But for average days on market, it hasn’t changed too much since June. Neither has the Sale to List Price Ratio, which has remained at 100%- great for sellers!

When it comes to just listings, there were 1,032 in the month of June in Summit County, and 629 of them sold! Looking at September, there were 1,205 listings and 639 sold. We definitely have some inventory coming in, let’s see if it was enough to begin shifting the market!

In June, we saw 1.57 months of Inventory, and July ended at 1.66. Finally, for September we saw around 1.89 months of Inventory. Months of Inventory is a big tell in what type of market we're in, so if with current demand we only have about 1.89 months worth of homes on the market, it's still going to be more competitive for buyers. Overall, we’re seeing a seller’s market, but always have your Realtor take a look at these same statistics in a much smaller, defined area. You never know what your neighborhood is looking like. 

Finally, June saw $165 per square foot. September didn’t change too much, as the month ended at $161 per square foot. The price per square foot has truly steadied between $158 and $165  since April of 2025. 

I hope this update has served you well!