Do you want content like this delivered to your inbox?
Share

Summit, NJ Market Report

January 2025


Share

Summit, NJ - Market Update Jan 2025

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 ❤️...

Feb 3 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.

 

16

New Listings

33

Active Listings

14

Under Contract

14

Closed Sales

 

$1.9m

Average Sales Price

27

Average Days on Market

$1.7m

Median Sales Price

2.4

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.