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Market Activity Summit, NJ
* 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 |
Detailed
Home Sales
Report |
| July 2010 |
30 |
$ 1,142,730
|
$ 1,119,270
|
97.95 %
|
47.73 |
|
June 2010 |
52 |
$ 1,068,977
|
$ 1,051,321
|
98.35 %
|
37.73 |
|
May 2010 |
31 |
$ 852,723
|
$ 842,073
|
98.75 %
|
56.71 |
|
April 2010 |
23 |
$ 1,053,970
|
$ 1,020,548
|
96.83 %
|
59.04 |
|
March 2010 |
9 |
$ 734,780
|
$ 717,850
|
97.7 %
|
61.8 |
|
February 2010 |
8 |
$ 669,100
|
$ 659,875
|
98.62 %
|
62.25 |
|
January 2010 |
12 |
$ 741,225
|
$ 699,492
|
94.37 %
|
179.58 |
|
December 2009 |
22 |
$ 1,172,236
|
$ 1,091,471
|
93.11 %
|
159.86 |
|
November 2009 |
19 |
$ 998,337
|
$ 975,536
|
97.72 %
|
83.58 |
|
October 2009 |
16 |
$ 707,925
|
$ 674,500
|
95.28 %
|
42.63 |
|
September 2009 |
23 |
$ 972,730
|
$ 936,196
|
96.24 %
|
88.52 |
|
August 2009 |
30 |
$ 934,257
|
$ 909,650
|
97.37 %
|
58.1 |
|
July 2009 |
43 |
$ 1,045,016
|
$ 999,314
|
95.63 %
|
60.44 |
|
June 2009 |
24 |
$ 1,096,250
|
$ 1,049,104
|
97.70 %
|
40.71 |
|
May 2009 |
8 |
$ 598,500
|
$ 555,750
|
92.86 %
|
75.38 |
|
April 2009 |
12 |
$ 847,742
|
$ 797,107
|
94.03 %
|
90.67 |
|
March 2009 |
8 |
$ 521,738
|
$ 486,156
|
93.18 %
|
95.25 |
|
February 2009 |
7 |
$ 932,843
|
$ 899,732
|
96.45 %
|
102.14 |
|
January 2009 |
9 |
$ 1,185,778
|
$ 1,114,067
|
93.95 %
|
98 |
|
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| You will need Adobe Acrobat to properly view the Detailed Home Sales Reports. |
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2008 Market Activity - Summit NJ |
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|
Average List Price |
$848,921 |
$738,727 |
$1,030,835 |
$826,992 |
$870,512 |
$972,169 |
Average Sale Price |
$847,714 |
$706,523 |
$977,500 |
$825,923 |
$855,002 |
$948,534 |
Ratio: SP/LP* |
99.86% |
95.64% |
94.83% |
99.87% |
98.22% |
97.57% |
Days on Market |
36.21 |
99.73 |
71.55 |
53.08 |
47.20 |
56.17 |
# of Propeties Sold |
14 |
11 |
19 |
13 |
25 |
29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average List Price |
$1,278,044 |
$1,087,557 |
$1,030,218 |
$780,536 |
$952,223 |
$851,053 |
Average Sale Price |
$1,254,215 |
$1,096,768 |
$1,036,609 |
$761,938 |
$913,269 |
$782,247 |
Ratio: SP/LP* |
98.14% |
100.85% |
100.62% |
97.62% |
95.91% |
91.92% |
Days on Market |
46.74 |
44.61 |
52.27 |
68.56 |
55 |
65.47 |
# of Propeties Sold |
34 |
28 |
22 |
15 |
13 |
15 |
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* Ratio: SP/LP represents the sale price as a percentage of list price. |
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2007 Market Activity - Summit NJ |
|
|
|
|
|
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|
Average List Price |
$854,027 |
$1,026,193 |
$1,287,189 |
$1,044,168
|
$1,138,752 |
$1,156,891 |
Average Sale Price |
$808,100 |
$1,008,073 |
$1,254,778 |
$1,028,842
|
$1,116,431 |
$1,175,448 |
Ratio: SP/LP* |
94.62% |
98.23% |
97.48% |
98.53%
|
98.04%
|
101.60% |
Days on Market |
71.73 |
66.3 |
35.17 |
81.37
|
79.48 |
49.83 |
# of Propeties Sold |
15 |
15 |
18 |
19 |
29 |
35 |
|
|
|
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|
|
|
|
Jul-07 |
Aug-07 |
Sep-07 |
Oct-07 |
Nov-07 |
Dec-07 |
Average List Price |
$1,184,739 |
$1,381,697 |
$1,224,575 |
$1,165,677 |
$1,010,987 |
$1,010,987 |
Average Sale Price |
$1,180,710 |
$1,375,189 |
$1,210,067 |
$1,148,531 |
$997,023 |
$997,023 |
Ratio: SP/LP* |
99.66% |
99.53% |
98.82% |
98.53% |
98.62% |
98.62% |
Days on Market |
59.81 |
52.91 |
43.13 |
89.46 |
66.39 |
66.39 |
# of Propeties Sold |
30 |
34 |
24 |
13 |
23 |
23 |
|
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|
* Ratio: SP/LP represents the sale price as a percentage of list price. |
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2006 Market Activity - Summit NJ |
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Average List Price |
$1,056,247 |
$775,343 |
$1,136,544 |
$734,250 |
$1,230,973 |
$1,098,142 |
Average Sale Price |
$1,066,712 |
$818,698 |
$1,086,525 |
$723,650 |
$1,259,419 |
$1,098,145 |
Ratio: SP/LP* |
100.99% |
105.59% |
95.60% |
98.56% |
102.31% |
100.00% |
Days on Market |
37 |
43 |
58 |
69 |
30 |
26.79 |
# of Propeties Sold |
19 |
14 |
20 |
20 |
26 |
33 |
|
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Jul-06 |
Aug-06 |
Sep-06 |
Oct-06 |
Nov-06 |
Dec-06 |
Average List Price |
$1,071,097 |
$1,185,636 |
$1,019,255 |
$768,429 |
$864,967 |
$910,889 |
Average Sale Price |
$1,057,776 |
$1,160,079 |
$938,136 |
$753,063 |
$873,083 |
$916,153 |
Ratio: SP/LP* |
98.76% |
97.84% |
92.04% |
98.00% |
100.94% |
100.58% |
Days on Market |
47.17 |
45.07 |
68.95 |
42.47 |
54.06 |
40.32 |
# of Propeties Sold |
29 |
28 |
22 |
17 |
18 |
19 |
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* Ratio: SP/LP represents the sale price as a percentage of list price. |
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This Page Last Updated:
September 2, 2010
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