Pending Residential sales are up countywide a whopping +38%! What a huge ending to the first quarter and a great setup for potential improvement in the second quarter of 2015. Sales for the first quarter are up +7%. Pending sales are up BIG and sales are up a bit all while the current inventory of residential properties for Summit County is down -21%.
Check out the sales by price range to the right and notice the driving improvement can be found in the $500,000 to $1,000,000 sold price range with the second best improvement occurring in the over $1,000,000 sales. The improvement isn’t across the board as is evident when one breaks the sales down by each side of the county; such as the North & South Side Sales to the right.