Every year right before Thanksgiving the Summit County real estate market experiences a dip in inventory levels. The graphic above represents a national scale of inventory that shows a sharper decrease beginning in December. However, in our area there is a 20-30% decrease in inventory starting around November 1, right before the holiday season begins. For vacation home buyers who are coming to both vacation and search for their dream home, this may be a discouraging revelation. Make sure you don’t miss out on the higher inventory right now and search for your second home. Especially if you are planning to purchase and then immediately rent your new home for part of the holiday season, now is the time to conduct your search before the beginning of November. Aside from the dip in inventory though, the market is doing extremely well this time of year with autumn upon us and ski season approaching.
If you are interested in purchasing a second or primary home in this area, please do not hesitate to contact us for more information, or browse through the area’s listings below: