Market Activity Summit NJ

Monthly Average Home Sales Report - Summit NJ

To view a Detailed Home Sales Report click on a desired month in the chart below.

* Ratio: SP/LP represents the sale price as a percentage of list price.
Date # of
Properties
Sold		 Average
List Price		 Average
Sale Price		 Ratio:
SP/LP*		 Days
on the
Market
22
$ 93,268
$ 929,530
92.50 %
63
11
$ 1,881,445
$ 1,805,385
95.96 %
79
22
$ 1,016,945
$ 985,056
96.86 %
52
22
$ 1,403,673
$ 1,347,920
96.03 %
68
18
$ 1,092,750
$ 1,054,722
96.52 %
47
15
$ 938,320
$ 906,680
96.63 %
44
23
$ 882,300
$ 862,365
97.74 %
42
35
$ 1,002,877
$ 993,571
99.07 %
48
28
$ 1,134,607
$ 1,123,071
98.98 %
36
48
$ 1,061,037
$ 1,048,340
98.80 %
35
29
$ 1,063,203
$ 1,054,831
99.21 %
25
23
$ 1,170,735
$ 1,133,804
96.85 %
37
29
$ 1,224,310
$ 1,195,327
97.63 %
53
11
$ 921,900
$ 895,536
97.14 %
52
13
$ 854,292
$ 794,538
93.01 %
66
29
$ 822,131
$ 806,203
98.06 %
38
16
$ 813,481
$ 821,956
101.04 %
49
24
$ 1,050,238
$ 1,023,460
97.45 %
46
29
$ 943,014
$ 920,379
97.60 %
51
33
$ 1,062,436
$ 1,040,882
97.97 %
52
38
$ 1,024,176
$ 1,010,073
101.40 %
28.95
40
$ 1,168,595
$ 1,149,277
98.35 %
33.00
40
$ 999,370
$ 999,000
99.96 %
37.88
17
$ 1,070,194
$ 1,056,275
98.70 %
31.47
15
$ 809,360
$ 779,400
96.30 %
75.53
16
$ 529,781
$ 514,108
97.04 %
78.06
14
$ 1,031,857
$ 1,006,107
97.5 %
51.07
41
$ 1,315,905
$ 1,206,511
91.69 %
72.41
17
$ 1,024,167
$ 964,667
94.19 %
60.58
13
$ 1,161,462
$ 1,135,769
97.79 %
73.38
30
$ 963,627
$ 942,295
97.79 %
63.2
32
$ 1,078,863
$ 1,071,504
99.32 %
33.22
32
$ 981,031
$ 972,150
100.91 %
34.63
31
$ 1,048,410
$ 1,033,981
98.62 %
38.26
16
$ 1,130,948
$ 1,103,110
97.54 %
31.19
21
$ 750,518
$ 736,485
98.13 %
37.88
14
$ 1,174,143
$ 1,168,891
99.55 %
28.93
18
$ 835,916
$ 800,944
95.82 %
50.67
16
$ 897,550
$ 875,094
97.50 %
57.81
21
$ 729,150
$ 719,550
41.3 %
98.68
12
$ 825,167
$ 794,604
96.3 %
70.42
14
$ 890,929
$ 864,321
97.01 %
66.86
14
$ 994,343
$ 961,857
96.73 %
41.86
34
$ 1,094,847
$ 1,084,188
99.03 %
25.18
39
$ 1,262,672
$ 1,258,141
99.64 %
23.21
33
$ 859,970
$ 861,318
100.16 %
33.42
27
$ 948,832
$ 926,702
97.67 %
37.86
23
$ 696,891
$ 684,109
98.17 %
62.43
14
$ 935,782
$ 902,214
96.41 %
47.14
9
$ 798,967
$ 761,944
95.37 %
46.56
14
$ 570,564
$ 569,004
99.73 %
43
18
$ 888,154
$ 869,978
97.95 %
55.22
12
$ 1,151,075
$ 1,080,750
93.89 %
35.42
23
$ 741,213
$ 722,176
97.43 %
58.65
23
$ 775,370
$ 750,783
96.83 %
54.09
35
$ 757,263
$ 741,577
97.93 %
42.80
41
$ 1,259,688
$ 1,216,505
96.57 %
49.59
42
$ 1,111,262
$ 1,103,464
99.30 %
43.64
23
$ 1,151,952
$ 1,135,891
98.61 %
22
22
$ 1,022,086
$ 1,009,880
98.81 %
56.50
14
$ 920,929
$ 885,214
96.12 %
96.29
9
$ 748,056
$ 708,203
94.67 %
81.56
11
$ 1,232,909
$ 1,161,625
94.22 %
75.55
24
$ 1,034,808
$ 997,563
96.40 %
49.50
15
$ 650,720
$ 621,629
95.53 %
80.53
10
$ 705,900
$ 662,300
93.82 %
99.10
14
$ 1,043,779
$ 1,023,750
98.08 %
68.50
28
$ 952,750
$ 929,233
97.53 %
52.36
36
$ 973,894
$ 941,843
96.71 %
62.54
40
$ 1,226,475
$ 1,176,513
95.93 %
53.9
33
$ 845,315
$ 822,288
97.28 %
53.06
32
$ 759,719
$ 749,032
98.59 %
45.35
12
$ 842,408
$ 793,625
94.21 %
76.50
9
$ 815,611
$ 804,833
98.68 %
28.78
8
$ 1,192,250
$ 1,143,875
95.94 %
70.38
18
$ 1,140,567
$ 1,060,522
92.98 %
92.28
15
$ 733,987
$ 698,000
95.10 %
88.6
7
$ 637,400
$ 620,643
97.37 %
100.00
12
$ 737,242
$ 692,667
93.95 %
64
21
$ 992,160
$ 970,770
97.84 %
55.88
24
$ 1,343,496
$ 1,268,313
94.40 %
58.50
35
$ 881,366
$ 861,121
97.70 %
68.57
18
$ 1,008,588
$ 965,988
95.78 %
59.41
15
$ 1,039,913
$ 938,300
90.23 %
66.80
15
$ 749,460
$ 744,130
99.29 %
67.6
9
$ 875,889
$ 849,056
96.94 %
70.78
12
$ 545,192
$ 529,125
97.05 %
65.42
13
$ 965,692
$ 938,385
97.17 %
69.38
26
$ 796,112
$ 779,585
97.92 %
47.54
13
$ 1,060,171
$ 1,013,357
95.58 %
54.29
19
$ 1,134,577
$ 1,114,205
98.20 %
60.86
29
$ 1,047,782
$ 1,030,024
98.31 %
46.45
30
$ 1,142,730
$ 1,119,270
97.95 %
47.73
52
$ 1,068,977
$ 1,051,321
98.35 %
37.73
31
$ 852,723
$ 842,073
98.75 %
56.71
23
$ 1,053,970
$ 1,020,548
96.83 %
59.04
9
$ 734,780
$ 717,850
97.7 %
61.8
8
$ 669,100
$ 659,875
98.62 %
62.25
12
$ 741,225
$ 699,492
94.37 %
179.58
22
$ 1,172,236
$ 1,091,471
93.11 %
159.86
19
$ 998,337
$ 975,536
97.72 %
83.58
16
$ 707,925
$ 674,500
95.28 %
42.63
23
$ 972,730
$ 936,196
96.24 %
88.52
30
$ 934,257
$ 909,650
97.37 %
58.1
43
$ 1,045,016
$ 999,314
95.63 %
60.44
24
$ 1,096,250
$ 1,049,104
97.70 %
40.71
8
$ 598,500
$ 555,750
92.86 %
75.38
12
$ 847,742
$ 797,107
94.03 %
90.67
8
$ 521,738
$ 486,156
93.18 %
95.25
7
$ 932,843
$ 899,732
96.45 %
102.14
9
$ 1,185,778
$ 1,114,067
93.95 %
98
15
$ 851,053
$ 782,247
91.92 %
65.47
13
$ 952,223
$ 913,269
95.91 %
55
15
$ 780,536
$ 761,938
97.62 %
68.56
22
$ 1,030,218
$ 1,036,609
100.62 %
52.27
28
$ 1,087,557
$ 1,096,768
100.85 %
44.61
34
$ 1,278,044
$ 1,254,215
98.14 %
46.47
29
$ 972,169
$ 948,534
97.57 %
56.17
25
$ 870,512
$ 855,002
98.22 %
47.20
13
$ 826,992
$ 825,923
99.87 %
53.08
19
$ 1,030,835
$ 977,500
94.83 %
71.55
11
$ 738,727
$ 706,523
95.64 %
99.73
14
$ 848,921
$ 847,714
99.86 %
36.21
23
$ 1,010,987
$ 997,023
98.62 %
66.39
23
$ 1,010,987
$ 997,023
98.62 %
66.39
13
$ 1,165,677
$ 1,148,531
98.53 %
89.46
24
$ 1,224,575
$ 1,210,067
98.82 %
43.13
34
$ 1,381,697
$ 1,375,189
99.53 %
52.91
30
$ 1,184,739
$ 1,180,710
99.66 %
59.81
35
$ 1,156,891
$ 1,175,448
101.60 %
49.83
29
$ 1,138,752
$ 1,116,431
98.04 %
79.48
19
$ 1,044,168
$ 1,028,842
98.53 %
81.37
18
$ 1,287,189
$ 1,254,778
97.48 %
35.17
15
$ 1,026,193
$ 1,008,073
98.23 %
66.3
15
$ 854,027
$ 808,100
94.62 %
71.73
19
$ 910,889
$ 916,153
100.58 %
40.32
18
$ 864,967
$ 873,083
100.94 %
54.06
17
$ 768,429
$ 753,063
98.00 %
42.47
22
$ 1,019,255
$ 938,136
92.04 %
68.95
28
$ 1,185,636
$ 1,160,079
97.84 %
45.07
29
$ 1,071,097
$ 1,057,776
98.76 %
47.17
33
$ 1,098,142
$ 1,098,145
100.00 %
26.79
26
$ 1,230,973
$ 1,259,419
102.31 %
30
20
$ 734,250
$ 723,650
98.56 %
69
20
$ 1,136,544
$ 1,086,525
95.60 %
58
14
$ 775,343
$ 818,698
105.95 %
43
19
$ 1,056,247
$ 1,066,712
100.99 %
37

Testimonials

Kim guided us, explaining the exact steps of a typical transaction, to being there with us at the closing table. Kim has many great strengths—professionalism, knowledge of the market, & ability to explain complicated things in a way that is easy to understand.I wouldn't hesitate to recommend her.
Kristina A.
Her inside knowledge & complete honesty made sure we ended up in a home we love. Kim's assistance in the inspection & closing process was top notch. I wouldn't hesitate to recommend her services to anyone looking for a true honest professional.
Melissa
Kim came highly recommended to us. She took time the time to understand what we were looking for & then was able to help us evaluate homes as we explored the different neighborhoods. She's super savvy about the market & guided us. She was calm, supportive & responsive throughout the process.
Kari S.
Having bought & sold several home, I can say without reservation that Kim was the most capable professional in all transactional areas that I have worked with. She was very accessible, thorough, provided excellent counsel, & brought consistency and calm to what can be an anxiety producing process.
Mark D.
"Kim has extensive knowledge of the local real estate market and is very attentive to your needs. She had great focus on selling our home and did so in a short period of time for a great price. We would recommend and use Kim cannon if we were to sell again."
Elena N Summit, NJ
We solicited three different local agents from three different brokerage firms. We already knew about her reputation and professionalism, so it was an easy decision to hire as a listing agent. Our house was sold and closed within three months from the time we first contacted Kim.
Jennifer M.
"Kim was very helpful and knowledgeable with our home search in Summit. She made the process very easy by being accessible and accommodating. Kim has continued to be helpful through our transition to our new town."
Barbara F Summit, NJ
"....displayed a depth of local knowledge with respect to neighborhoods and schools that was very comforting since we were moving cross-country...she gave us excellent advice on the negotiation, inspection and closing process....was extremely accomodating in being present as needed."
Jared G Summit, NJ
Kim is a consummate professional. She understands the market, the applicable technical aspects of the sales process, seeks input and listens to her clients, and is responsive and thoughtful throughout the process. We highly recommend Kim for your real estate transaction needs.
Leslie C. Summit, NJ
Kim’s local knowledge, expertise of the process, timing, execution & assistance with negotiations closed the deal for us. She has a full understanding of this process & made it simple on us through a complex transaction. I recommend Kim’s work highly to anyone looking to buy or sell their home!
Dan M.
In 2007 & 2012 I thought I wanted to sell my house. By 2014 I told Kim I wanted to rent the house. Each time Kim was so professional & helpful. She acted quickly & helped me through the process. When the time comes to sell I will not hesitate to call Kim. I would recommend her without reservation.
Roberta L. New Providence, NJ
Our home sold in 3 days with multiple offers and went for well over asking.  I attribute to Kim's reputation and marketing. In addition, all matters of closing a home...Kim is there...ON IT.  Every phone called returned immediately. Tough, organized and honest.  What a team.  Highly recommend.”
Bob B.
"Kim was a pleasure to work with. We had an extremely short time line to find a house and she really understood our sense of urgency. Kim was incredibly
knowledgeable about the towns she covers and really seemed to know where we would enjoy living."
Tim and Joanna R Chatham, NJ
We were transitioning to the suburbs, we wanted someone that knew the area extremely well & would be a reliable guide for us. Kim was the perfect fit. Kim was a calm & reliable resource when it came to negotiating the price & she helped us navigate the closing process with quality recommendations.
David P.
We are newcomers to New Jersey and had no familiarity with all the different towns. Kim did an amazing job of learning our style and making sure that we saw a great cross section of home in all the neighboring towns. It's also always nice when you like who you're working with! Kim is fantastic!
Lisa H.
Kim brings a breadth of knowledge and expertise to the table as a seller and buyers' agent. Her negotiation skills are unparalleled and her ability to work with other agents all the while skillfully and passionately representing her sellers' best interests is impressive. Don't wait - just call Kim.
Melissa B
I have worked with Kim when both buying & renting. Kim's years of experience have provided her with a true sense of the market value of homes. She is honest when dealing with clients so they have the best chance of either selling quickly or buying a home. We recommended her to others.
Teresa T.
"..an agent that is honest, motivated, and extremely helpful. She gave us so much useful information on how to present our house in one of the toughest housing markets and held our hand thru the complete process. I can highly recommend Kim for all your real estate needs."
Karie D
“Kim helped us buy a complicated investment property, and has worked with us to rent it out ever since. In fact, we have not had a single day of vacancy! We have a longstanding relationship with her and are constantly impressed with her integrity and work ethic.”
Erik H
Kim has been our realtor for the past 9 years and has seen us through 2 purchases & a sale. She is the most faithful, loyal, thorough & competent realtor I have ever used. I do not have enough words to say how fantastic she is. Part of our family now. Love her.
Allison B Summit, NJ
Kim offered excellent marketing strategies, first-hand knowledge of local schools & experience "staging" our home to sell quickly. The response was overwhelming & our home sold within two weeks (w/multiple offers.) We would recommend Kim Cannon & her team, Anne & Sally.
Debbie L.
Kim has been my real estate broker for several years. She found reliable tenants for my rental property & recently she assisted me in the purchase of another property. I have found all my experiences to be positive, Kim is very professional & knowledgeable. I would highly recommend Kim.
Kelly A.
Kim has been AMAZING! Kim was extremely supportive with negotiations & very responsive & knowledgeable about all of our closing needs. She is kind, patient, trustworthy, reliable & extremely professional. I would highly recommend Kim to any home buyer.
Sarah M.
“In selling our home, Kim was on top of every detail, was thoroughly knowledgeable and was always available. Her marketing strategies are highly visible and effective, and in our case resulted in quick multiple offers. We started off with a real estate agent and ended up with a friend."
Therese D Berkeley Heights, NJ
I found Kim Cannon through her impressive website. I loved working with her when I purchased in Chatham years ago and wouldn't use anyone else when I was the seller. She is highly competent, honest, proficient and accessible. RUN to her when you need a service.
Pam H.
"Kim is thoroughly professional & makes a science of selling a home. She understands that buying/selling a home is emotional & still able to get everyone to work realistically. I think the biggest advantage is that other agents also respect her skills & judgment......"
Ken C Summit, New Jersey
Kim was extremely responsive and sunderstanding in dealing with myself and two siblings as we sold our parent's estate. I would highly recommend her for her professionalism and sensitivity.
Paul H.
Kim is a highly seasoned real-estate agent with tremendous knowledge & experience in the local markets.She completely understands all of the intricacies, problems& details involved in the process of selling a home. I would highly recommend Kim to anyone contemplating the buying or selling of a home.
Michael A.

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