Summit NJ Real Estate soared last month.  May home prices increased 16% year over year.  Buyers paid, on average, $1.1 million for a Summit home. And its not a one month fluke.  We compared all home sales this year against last year.  The result: year to date home prices rose an astounding 21%.  In fact, [...]

Summit NJ Real Estate in April averaged $1,009,880, up a record 16% from last year, and an astounding 14% from just the month before.

Want to know where the Summit NJ real estate market is headed: it’s all here. Average Summit NJ home sales hit $885,000 in March, up 12%

Summit NJ Real Estate in February averaged $708,203, with much of the higher priced home inventory sold in the preceding month. Days on the Market equaled 89 days. And activity continued strong. Nine Summit homes sold in February. All in all, a great start to 2013! We also look at home prices per bedroom on [...]

Summit NJ Home Prices inched to a three year record in January. Average Home Sale Prices increased to $1,162 million. Days on the Market fell from 127 days last year to just 75 days. Inventory continues to decline. And activity picked up. Eleven Summit homes sold in January, up from eight in the previous January. [...]

Below are all the Summit NJ homes sold in December 2012. We also provide various pricing parameters, days on the market and other data to help understand trends. And for a “real time” snapshot, don’t forget to check out the latest Summit listings.  Just click here: Summit NJ real estate listings. We are the only ones [...]

July remained a strong home sale month in Summit NJ – although not as strong as June’s blockbuster results.  Summit NJ homes sold for an average of $941,843, the third highest month of the year.  The average list price was $968,350. There were 35 transactions in July, a 40% increase from the 25 sold last [...]

Each month we provide the latest Summit NJ Real Estate market trends. And in June Summit proved to be a standout. Real Estate in Summit NJ scored a number of “bests” in June. Best Monthly Average Summit Home Sale Price of 2012 Best Monthly Summit Home Sale Volume of 2012 Summit NJ Home Prices – [...]

Here we analyze every home sale in Summit NJ during 2012. Each  closed home sale is listed by price, address and style. We also include data such as initial list price, final list price, days on the market, number of bedrooms and, of course, sale price. If you want to understand Summit NJ real estate [...]

Every month Bunn Moxley Homes provides our clients with an analysis of Summit NJ real estate market trends. Charts comparing this month’s home sales with the three prior years also are provided. Here are a few highlights: Summit’s May real estate trends are encouraging. May achieved the second highest monthly home sale prices of the [...]