Summit County Real Estate Market Update – Year In Review 2025
The past year has been the best in four years with more sales volume in both number of sales and dollar volume than the years 2022-2024. Watch our full video recap below:
Median sales price and average sales price are down slightly from 2024 at -2.8% and -1.45%, respectively. PPSF from 2025 to 2024 is down -2.2% but still above every other year reported since 2016. Sales volume in 2025 was up 11.5% over 2024 showing that the Summit County real estate market is staying strong.
We have almost 20 years of data, which includes the real estate recession from 2008-2012. You can see that even before the recession, there was a lot more inventory than sales. During Covid years, we somehow sold more properties than were even on the market! We attribute this to properties turning over so fast that the inventory didn’t build. We have been trending back up in the inventory category again, but our sales volume continues to rise with consistent seasonality, so we are in a more balanced market and the current market is nothing like the 2008 real estate recession.
When we look at days on market (orange), we are again trending up but still well below the pre-COVID years. And the fact that the median pricing is remaining steady throughout the year means that we aren’t experiencing the “crash” that the headlines are talking about. I’m seeing that the most volatile financial years still haven’t dropped significantly, but have more variability throughout the year, like we saw this last year.
There are good months and rough months for pricing. Pricing variability is in large part due to the smaller sample size we have in Summit County where a few high end sales can change the statistic dramatically.
Overall, 2025 proved to be a steady year of real estate sales with only slight price corrections. In 2026 we predict that sales will continue to increase as consumer confidence builds.
