Kambrin Thorne, Listing Office: Summit Sotheby's International Realty
Summit County Housing Market Report December 2024•Summit County, Utah
Housing Prices in Summit County, UT
How much do homes in Summit County, UT cost?
Median List Price
Based on all homes listed in the last 12 months
The list price of homes in Summit County has decreased by 56.7% since last year.
Summary: The median home list price in Summit County was $2,199,725 in December 2024, down 56.7% from the previous year, and the median price per square foot was $773.
Median List Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Wasatch County | $2.5M | $1.0M | -56.4% |
Summit County | $5.0M | $2.1M | -56.7% |
Median List Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | $599K | N/A |
22 Bedrooms | $799.9K | $875K | +9.4% |
33 Bedrooms | $2.8M | $1.3M | -53.4% |
44 Bedrooms | $2.9M | $2.5M | -15.0% |
55+ Bedrooms | $8.1M | $5.6M | -30.2% |
Summary: Summit County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes decreased by -53.4%. The home price for 4 bedroom homes decreased by -15.0%. The home price for 5 bedroom homes decreased by -30.2%.
Housing supply in Summit County, UT
How many homes are available in Summit County, UT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
512Last MonthDec 2024 | ||
4392 months agoNov 2024 | +16.6 % Change MoMNov – Dec |
Summary: The Summit County real estate market had 512 homes for sale in Dec 2024, a 16.6 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 20 | 29 | +45.0% |
22 Bedrooms | 63 | 78 | +23.8% |
33 Bedrooms | 91 | 99 | +8.8% |
44 Bedrooms | 105 | 121 | +15.2% |
55+ Bedrooms | 160 | 185 | +15.6% |
Summary: Summit County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +45.0%. The inventory for 2 bedroom homes increased by +23.8%. The inventory for 3 bedroom homes increased by +8.8%. The inventory for 4 bedroom homes increased by +15.2%. The inventory for 5 bedroom homes increased by +15.6%.
Days on Market for Summit County, UT
How long does it take to sell a home in Summit County, UT?
Average Listing Age
This Year | 1 year ago | Change YoY |
---|---|---|
146 DaysThis YearDec 2024 | ||
174 Days1 year agoDec 2023 | -16.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Summit County had an average listing age of 146 days in Dec 2024, down by 16.0% compared to the previous year.
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Newest Listings in Summit County, UT
What homes are available in Summit County, UT?
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MLS Disclaimers and Copyright
Based on information from UtahRealEstate, and North Texas Real Estate Information Systems Inc. for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.