Summit, NJ Market Update - Feb 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 in Summit.
19
New Listings
36
Active Listings
12
Under Contract
10
Closed Sales
$1.53m
Average Sales Price
25
Average Days on Market
$1.57m
Median Sales Price
3.0
Months of Supply