Some interesting facts for March 2009:

• There were 7 closings in the new Cache at Union Creek totaling: $4,171,000 or $595,857 per unit.
• There were 2 sales for new homes in The Shores - totaling $2,475,000 or $1,237,500 per unit/$470.88 Average PPSF
• March was the best month so far in 2009 with number of transactions and monetary volume.
• YTD, Summit County monetary volume was down 60%, and number of transactions were down 56% compared to 2008. YTD, both monetary volume and number of transactions are down 60% compared to YTD 2008.
• As of April 7, 2009, there are 2049 active MLS listings in Summit County - Residential (1694) and Vacant Land (355) - There were 1256 Active Listings in 2008 (Residential and Vacant), 788 in 2007 (residential and Vacant) and 1100 in 2006 (Residential and Vacant).
• Cash transactions were 42% of all Real Estate closings for the month of March.

Summit County 2004-2005-2006-2007-2008-2009 Graph Comparison

Cost Breakdown, March 2009 for Residential Improved Units (New Construction, Resales & March Gross Residential Price Index and YTD Gross Residential Price Index), also shows Full Year 2008, 2007, 2006 Gross Residential Price Index with # of transactions, total volume and average price

Cost Breakdown for Residential Improved Units YTD (2009, 3 months) and the Cost Breakdown YTD from 2007 and 2008 for comparison

Market Analysis Percent Change from 2004, 2005, 2006, 2007, 2008 & 2009

Market Analysis by Area for the month of March 2009 - color coded for convenience

• Green indicates increase from previous month's value
• Black indicates the value is the same or not applicable from previous month's value
• Red indicates a decrease from the previous month' s value
• Colored text is not used for % calculations
• Price per Square Foot (PPSF) was added last month on the far right

Market Analysis by Area - First Quarter 2009

Summit County Residential Price Index YTD comparing 2006, 2007, 2008 & 2009