Summit County Residential Sales Showing Mixed March

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Summit County single family residential and condo sales prices released April 7, 2011 by the Regional MLS show mixed signs as Average and Median sales prices for February closings canter after gains made in February.  The average price of properties closed at $116,282, or 1.3% higher than the prior month. Median prices decreased 36% with the median sales price closing at $75,000 down from $87,250 during February.  Average prices are still slightly trailing behind the December 2010 numbers while median prices are far behind those in December 2011.