Summit September 2011 Home Sales Stats
Data compiled from the GSMLS. Deemed reliable, but not guaranteed. Sue feels that if you are in the market to buy or sell real estate in Summit, it is important to understand the trends in Active Listings, Days on the Market, and Listing to Sale Price ratio so that you can make an educated decision.
| ADDRESS | OLP | LP | SP | DOM | BRS | BTH | STYLE |
| 412 Morris Ave Apt 48 | $275,000 | $275,000 | $261,500 | 23 | 2 | 1.1 | OneFloor |
| 5 Baltusrol Pl | $409,000 | $385,000 | $375,000 | 107 | 3 | 1 | Colonial |
| 72 Baltusrol Rd | $412,500 | $389,000 | $371,000 | 95 | 3 | 1.1 | Ranch |
| 69 River Rd | $449,900 | $399,900 | $365,000 | 62 | 3 | 2.1 | Colonial |
| 43 Harvey Dr | $599,000 | $585,000 | $567,500 | 93 | 3 | 2 | Ranch |
| 18 Beverly Rd | $635,000 | $635,000 | $628,000 | 11 | 4 | 2.1 | Bi-Level |
| 118 Pine Grove Ave | $769,000 | $710,000 | $675,000 | 124 | 3 | 2.1 | Colonial |
| 21 Beekman Ter | $749,000 | $749,000 | $725,000 | 65 | 3 | 2.1 | Colonial |
| 40 Eggers Ct | $749,000 | $749,000 | $749,000 | 9 | 3 | 3.1 | TwnIntUn |
| 25 Montrose Ave | $825,000 | $825,000 | $800,000 | 35 | 4 | 4 | Colonial |
| 124 Prospect St | $1,250,000 | $1,250,000 | $985,000 | 60 | 5 | 3.1 | Colonial |
| 55 Prospect Street | $2,095,000 | $1,895,000 | $1,810,000 | 69 | 5 | 4.1 | Colonial |
AVERAGE DAYS ON MARKET: 63Â Â Â Â AVERAGE LISTING PRICE: Â $1,056,258
AVERAGE SALE PRICE: $692,667 % SALE PRICE / LIST PRICE: 94%
|
|
Sept. 2010
|
Oct.
|
Nov.
|
Dec.
|
Jan.
|
Feb.
|
|
Ave List Price
|
$875,535
|
$910,411
|
$896,599
|
$910,690
|
$1,019,831
|
$1,050,935
|
|
Ave Sale Price
|
$1,124,376
|
$1,073,692
|
$797,868
|
$938,385
|
$544,318
|
$887,875
|
|
%Sale Price to List Price Ratio
|
98%
|
95%
|
98%
|
97%
|
97%
|
97%
|
|
Days on Market
|
66
|
57
|
48
|
73
|
52
|
67
|
|
# Active Listings
|
132
|
140
|
127
|
91
|
90
|
123
|
|
#Closed Listings
|
22
|
13
|
26
|
14
|
12
|
9
|
|
Mar.
|
April
|
May
|
June
|
July
|
Aug.
|
Sept. 2011
|
|
|
Average Listing Price
|
$1,088,169
|
$1,070,869
|
$1,071,774
|
$1,086,202
|
$1,106,090
|
$1,072,037
|
$1,056,258
|
|
Average Sale Price
|
$744,130
|
$1,008,808
|
$950,057
|
$874,022
|
$1,268,313
|
$949,750
|
$692,667
|
|
%Sale Price to List Price Ratio
|
99%
|
90%
|
96%
|
98%
|
94%
|
97%
|
94%
|
|
Days On Market
|
68
|
63
|
62
|
67
|
60
|
52
|
63
|
|
# of Active
Listings
|
143
|
165
|
164
|
169
|
153
|
121
|
153
|
|
# of Closed Listings
|
15
|
15
|
18
|
35
|
25
|
25
|
12
|
|
|
Active Listings
|
New Listings
|
Under Contract
|
Sold Listings
|
Average
|
SP/LP
|
|
# Beds
|
Avg LP
|
Avg LP
|
Avg LP
|
Avg LP
|
DOM
|
%
|
|
1
|
$343,467
|
$289,000
|
$169,900
|
$0
|
0
|
0%
|
|
2
|
$520,106
|
$531,843
|
$616,333
|
$261,500
|
23
|
95%
|
|
3
|
$584,338
|
$601,571
|
$589,750
|
$546,786
|
79
|
96%
|
|
4
|
$985,489
|
$1,020,476
|
$754,714
|
$714,000
|
23
|
98%
|
|
5
|
$1,734,930
|
$1,478,722
|
$949,633
|
$1,397,500
|
65
|
89%
|
|
TOWN
|
$1,056,258
|
$1,042,035
|
$694,989
|
$692,667
|
63
|
94%
|
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