Summit, NJ Market Update - July 2025
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.
31
New Listings
56
Active Listings
27
Under Contract
29
Closed Sales
$1.7m
Average Sales Price
14
Average Days on Market
$1.3m
Median Sales Price
2
Months of Supply