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Summit, NJ Market Report

August 2023


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Summit, NJ Market Update Aug 2023

Lena Pesso

It’s been 10+ years for me in the real estate business. I love it ❤️...

It’s been 10+ years for me in the real estate business. I love it ❤️...

Sep 9 1 minutes read

Whether or not you’re thinking about selling your home, it's important to have a good understanding of what’s going on in your local market.

Knowing the most important highlight data such as the average sales price, number of homes sold, and days on market will better inform you.

Our market report showcases everything you need to know about local real estate trends in Summit, NJ for Aug 2023.

 

13

New Listings

33

Active Listings

15

Under Contract

29

Closed Sales

 

$1,438,601

Average Sales Price

18

Average Days on Market

2.2

Months of Supply


Homes Sold

105%

Sale-to-List Price


Curious about what
your home is worth now?

We're happy to explain what these numbers mean for you and your home's current market value. 

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