$10,000 Closing Credit*
$1,425,000
1,730 SqFt
4 Beds
•2 Full Baths
Melissa A Band, Listing Office: Christies International Real Estate Park City
Housing Prices in Summit County, UT
How much do homes in Summit County, UT cost?
Median List Price
$1,995,249
$686/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$2,999,750(-60.1%)
Key Takeaway
The list price of homes in Summit County has decreased by 60.1% since last year.
Summary: The median home list price in Summit County was $1,995,249 in November 2024, down 60.1% from the previous year, and the median price per square foot was $686.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $595K | N/A |
| 2 Bedrooms | $799K | $870K | +8.9% |
| 3 Bedrooms | $2.8M | $1.2M | -56.9% |
| 4 Bedrooms | $3.9M | $2.3M | -42.1% |
| 5+ Bedrooms | $8.0M | $4.4M | -44.1% |
Summary: Summit County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 56.9%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes decreased by 44.1%.
Median List Price Compared To Nearby Counties
| Wasatch County | $2.6M | $1.0M | -59.0% |
| Summit County | $4.9M | $1.9M | -60.1% |
Housing Supply in Summit County, UT
How many homes are available in Summit County, UT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 472 | 540 | +14.4% |
Summary: The Summit County real estate market had 540 homes for sale in November 2024, a 14.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 25 | +25.0% |
| 2 Bedrooms | 74 | 79 | +6.8% |
| 3 Bedrooms | 101 | 116 | +14.9% |
| 4 Bedrooms | 114 | 130 | +14.0% |
| 5+ Bedrooms | 163 | 190 | +16.6% |
Summary: The Summit County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 16.6%.
Days on Market for Summit County, UT
How long does it take to sell a home in Summit County, UT?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 180 Days | 145 Days | -19.4% |
Summary: Homes in Summit County had an average listing age of 145 days in Nov 2024, down by 19.4% compared to the previous year.
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