Lessons on Homeownership
From Zillow's Chief Economist
Do you want content like this delivered to your inbox?
Share

Summit, NJ Market Report

November 2024


Share

Summit, NJ Market Update - Nov 2024

Lena Pesso

It’s been 10+ years for me in the real estate business. I love it ❤️...

It’s been 10+ years for me in the real estate business. I love it ❤️...

Dec 3 1 minutes read

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, NJ.

 

13

New Listings

36

Active Listings

16

Under Contract

11

Closed Sales

 

$1.85m

Average Sales Price

41

Average Days on Market

$1.63m

Median Sales Price

2.3

Months of Supply


Homes Sold

106%

Sale-to-List Price


Curious about what
your home is worth now?

We're happy to explain what these numbers mean for you and your home's current market value.