Summit June 2011   Home Sales Stats              Â
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 | Orig. List Price | Price at Sale | Sale Price | DOM | Beds | Baths | Style |
| 133 Summit Ave | $169,000 | $162,000 | $148,000 | 370 | 1 | 1 | FirstFlr |
| 10 Beauvoir Ave | $239,900 | $239,900 | $230,000 | 29 | 3 | 1 | MultiFlr |
| 43 Orchard St | $375,000 | $315,000 | $305,000 | 123 | 4 | 2.1 | Colonial |
| 54 Clark St | $390,000 | $325,000 | $295,000 | 183 | 3 | 1 | Ranch |
| 412 Morris Ave | $349,000 | $349,000 | $335,000 | 77 | 3 | 1.1 | TwnEndUn |
| 19 Baltusrol Rd | $398,500 | $369,000 | $302,000 | 248 | 3 | 1.1 | Colonial |
| 8 Henry St | $395,000 | $375,000 | $360,000 | 42 | 3 | 1.1 | Colonial |
| 42Â Elm St 38AÂ | $399,000 | $399,000 | $377,500 | 93 | 1 | 1.1 | TwnEndUn |
| 124 Kent Blvd | $475,000 | $399,900 | $400,000 | 278 | 3 | 1.1 | CapeCod |
| 32 Milton Ave | $399,999 | $399,999 | $393,750 | 9 | 3 | 2 | SplitLev |
| 28Â Morris Ave Cc1Â | $450,000 | $450,000 | $415,000 | 71 | 2 | 2.1 | TwnEndUn |
| 15 Greenfield Ave | $460,000 | $460,000 | $430,000 | 18 | 3 | 1 | Colonial |
| 114 Baltusrol Rd | $519,000 | $465,000 | $422,500 | 82 | 4 | 2.1 | Ranch |
| 87 Passaic Ave | $489,000 | $489,000 | $465,000 | 20 | 3 | 1.1 | Colonial |
| 91 Springfield Ave | $500,000 | $500,000 | $525,000 | 11 | 2 | 2.2 | TwnEndUn |
| 10Â Euclid Ave 502Â | $645,000 | $599,000 | $550,000 | 96 | 3 | 2 | HighRise |
| 105 Broad St | $629,000 | $629,000 | $625,000 | 185 | 3 | 3.1 | Colonial |
| 23 Ridgedale Ave | $629,000 | $629,000 | $615,000 | 16 | 3 | 1.1 | Colonial |
| 5 Ridgedale Ave | $820,000 | $820,000 | $800,000 | 81 | 4 | 3.1 | Colonial |
| 149 Colonial Rd | $869,000 | $869,000 | $875,000 | 3 | 4 | 2.1 | Colonial |
| 73 Tulip St | $1,125,000 | $1,125,000 | $1,100,000 | 15 | 4 | 3.1 | Colonial |
| 3 Glen Oaks Ave | $1,175,000 | $1,175,000 | $1,150,000 | 20 | 4 | 2.1 | Colonial |
| 38 Laurel Ave | $1,175,000 | $1,175,000 | $1,233,000 | 14 | 5 | 3.1 | Colonial |
| 23 Plymouth Rd | $1,195,000 | $1,195,000 | $1,252,000 | 9 | 4 | 2.1 | Colonial |
| 20 Clearview Dr | $1,225,000 | $1,225,000 | $1,187,500 | 23 | 3 | 3 | Colonial |
| 16 Hillside Ave | $1,295,000 | $1,295,000 | $1,230,000 | 25 | 6 | 3 | Victrian |
| 14 Beekman Rd | $1,429,000 | $1,429,000 | $1,475,000 | 9 | 4 | 3.1 | Colonial |
| 74 Rotary Dr | $1,435,000 | $1,435,000 | $1,367,000 | 9 | 4 | 3.1 | Custom |
| 21 Badeau Ave | $1,585,000 | $1,495,000 | $1,450,000 | 36 | 5 | 3.1 | Colonial |
| 61 Templar Way | $1,495,000 | $1,495,000 | $1,485,000 | 9 | 5 | 4.1 | Colonial |
| 24 Windsor Rd | $1,500,000 | $1,500,000 | $1,626,000 | 9 | 4 | 3.2 | Colonial |
| 101 Hobart Ave | $1,525,000 | $1,525,000 | $1,525,000 | 4 | 7 | 3.1 | Colonial |
| 17 Colt Rd | $1,750,000 | $1,750,000 | $1,695,000 | 6 | 4 | 3.1 | Colonial |
| 86 Woodland Ave | $1,795,000 | $1,795,000 | $1,670,000 | 25 | 6 | 3.1 | Colonial |
| 21 Colt Rd | $2,400,000 | $1,990,000 | $1,825,000 | 116 | 5 | 5.1 | Colonial |
AVERAGE DAYS ON MARKET: 67Â Â Â Â AVERAGE LISTING PRICE: Â $1,086,202
AVERAGE SALE PRICE: $874,022Â % SALE PRICE / LIST PRICE: 98%
SUMMITÂ Â Â Â Â Home sale Trends June 2010 and June 2011
| June 2011 | July | Aug. | Sept. | Oct. | Nov. | |
| Average Listing Price | $961,085 | $894,472 | $1,058,813 | $875,535 | $910,411 | $896,599 |
| Average Sale Price | $1,037,654 | $1,138,641 | $818,599 | $1,124,376 | $1,073,692 | $797,868 |
| %Sale Price to List Price Ratio | 98% | 98% | 98% | 98% | 95% | 98% |
| Days on Market | 41 | 49 | 55 | 66 | 57 | 48 |
| # of Active Listings | 166 | 145 | 130 | 132 | 140 | 127 |
| # of Closed Listings | 52 | 30 | 33 | 22 | 13 | 26 |
| Dec. | Jan. | Feb. | Mar. | April | May | June 2011 | |
| Ave. Listing Price | $910,690 | $1,019,831 | $1,050,935 | $1,088,169 | $1,070,869 | $1,071,774 | $1,086,202 |
| Ave. Sale Price | $938,385 | $544,318 | $887,875 | $744,130 | $1,008,808 | $950,057 | $874,022 |
| %Sale/List Price Ratio | 97% | 97% | 97% | 99% | 90% | 96% | 98% |
| Days On Market | 73 | 52 | 67 | 68 | 63 | 62 | 67 |
| # of Active Listings | 91 | 90 | 123 | 143 | 165 | 164 | 169 |
| # of Closed Listings | 14 | 12 | 9 | 15 | 15 | 18 | 35 |
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| Â | Active Listings | New Listings | Under Contract | Sold Listings | Average | SP/LP |
| # Beds | Avg LP | Avg LP | Avg LP | Avg LP | DOM | % |
| 1 | $240,980 | $0 | $119,000 | $262,750 | 232 | 94% |
| 2 | $624,195 | $712,900 | $775,750 | $470,000 | 41 | 99% |
| 3 | $583,345 | $690,750 | $531,125 | $476,019 | 94 | 95% |
| 4 | $1,061,298 | $1,020,143 | $1,192,600 | $1,164,500 | 28 | 100% |
| 5 | $1,810,199 | $2,113,286 | $1,386,333 | $1,488,286 | 33 | 97% |
| TOWN | $1,086,202 | $1,113,343 | $908,070 | $874,022 | 67 | 98% |
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