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Summit, NJ Market Report

January 2024


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Summit, NJ Market Update - January 2024

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 5 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 the highlights you need to know about local real estate trends in Summit.

 

9

New Listings

20

Active Listings

7

Under Contract

7

Closed Sales

 

$1.08m

Average Sales Price

25

Average Days on Market

$770,000

Median Sales Price

2.9

Months of Supply


Homes Sold

103%

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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