Summit Real Estate Market
The median sale price for homes in Summit over the last 12 months is $789,000.
The median mortgage debt is $232,349.
The price per square foot for listings in this area is $335.
The median sale price in December for single family homes is $919,500. The sale prices increased by 64.19% from the previous month.
The number of active listings in Summit dropped by 1.1% from the previous month.
The median number of days active properties have been listed is 48. This is significantly shorter than the national average.
The number of sales in December dropped by 33.3% from the previous month.
The percent of unoccupied properties is very low in Summit. It is -8.7% below the national average.
The percent of rental properties in Summit is 10.59% above the national average which is typical for urban areas.
Featured Properties
Unique and Stunning Home!
Bayonne, NJ
$350,000 | 4 Beds | 2.1 BathsTotally renovated in 2007, this fabulous home offers a unique living space.
Spacious Colonial
Scotch Plains, NJ
$650,000 | 4 Beds | 2.1 BathsLight, bright, spacious Colonial with Secluded Yard
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
Keller Williams Realty Premier Properties
Residential real estate listing and buyer specialist in Summit, NJ