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How is the Summit NJ Housing Market?

Thirty-eight homes have gone Under Contract
in the past month in Summit, NJ…
thus putting the Summit housing market about 19% behind
2008 in number of home sales pending.
Average list price of the 163 homes currently on the market
is $1,187,509 (6% below 2008).

What are the prices of the homes selling in Summit, NJ?

8   Under $500,000
2   $501,000-$600,000
6   $601,000-$700,000
4   $701,000-$800,000
3   $801,000-$900,000
3   $901,000-$999,999
5   $1,000,000-$1,500,000
3   $1,500,001-$1,999,999
4   $2,000,000+
Real Estate Market Chart by Altos Research www.altosresearch.com
 
Why buy a home in Summit, NJ? NJ Magazine ranks Summit High School #20 in the state, the Midtown Direct Train Express puts you at Penn Station in twenty minutes and the vibrant downtown has shops/restaurants for your every need.
Contact Perri K. Feldman to learn more about living in Summit, NJ 973.650.4727 or Perri@MidtownDirectHomes.com.

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Perri K Feldman

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