April home sales in Summit, NJ

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Real Estate Agent with Keller Williams Realty, North Central New Jersey

April home sales in Summit, NJ

Spring has sprung in Summit with an unprecedented Spring Home Buying Spree! 

23 Summit NJ homes have sold in April 2010 for a total of $23,472,800 vs 12 homes for $9,565,279 in April 2009!  That is 141% increase in sales!  Wow!

Why?  Well, there are a number of reasons and, given the prices, the home-buyer credit had nothing much to do with it.  This outstanding community is a hub for the NJ Transit Midtown Direct making the express train ride to NYC a fast and comfortable commute.  Couple that with a vibrant and diverse downtown center, top-notch schools, amazing architecture and homes for every taste and budget, it's easy to see why so many find Summit so desirable. 

Search for your Summit home here.

April home sales in Summit, NJ

133 Summit Avenue Unit 16A   $150,000 10 DOM Summit High School
390 MORRIS AVE UNIT 26    $288,000 85 DOM
417 MORRIS AVE   $315,000 11 DOM
768 SPRINGFIELD AVE B6   $300,000 35 DOM
768 SPRINGFIELD AVE C6   $327,000 15 DOM
20 SAYRE ST   $310,000 66 DOM
12 Lowell Avenue   $505,000 88 DOM
261 WOODLAND AVE   $545,000 11 DOM
22 HARVEY DR   $600,000 20 DOM
18 STONY HILL CT    $619,000 7 DOM
105 ESSEX RD   $836,000 130 DOM
43 PLAIN ST   $800,000 118 DOM
45 DALE DR   $880,000 34 DOM
12 OAKLAWN RD   $957,500 35 DOM
54 HIGH ST   $1,055,000 14 DOM
75 Tanglewood Dr.   $1,110,000 95 DOM
91 DRUID HILL RD   $1,500,100 11 DOM
132 Rotary Drive   $1,650,000 7 DOM
197 BLACKBURN RD   $1,700,000 84 DOM
37 DRUID HILL RD   $2,100,000 0 DOM
10 PEMBROKE RD   $1,950,000 153 DOM
50 Ox Bow Lane   $2,425,000 117 DOM
85 HILLCREST AVE  $2,550,000 134 DOM

Selling a Summit home?  Contact us to find out how our proven successes can be used to maximize your home's value while we find qualified buyers for your Summit home.  Complete the form below or get a Free Home Valuation Here.

Buyers:  don't wait for prices and interest rates to rise.  Shop now while we have gorgeous homes for sale

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Interested in more information and homes for sale, neighborhoods and schools in Summit, Short Hills, Chatham and Madison NJ? Call or email today. If you'd like to search for NJ homes like an agent, go to our website and search the MLS at your convenience. 

Selling a Summit, Short Hills, Chatham or Madison NJ home?   It's a great time to sell!
Contact us to find out about our Staging and Marketing Program or get a FREE Home Valuation here.

We are your local Madison, Chatham, Summit, Short Hills, Morristown NJ realtors.  We live and work here and look forward to sharing our local knowledge and expertise when you buy a home or sell a home in this wonderful part of New Jersey.

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Rainmaker
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Mike Conner
City Realty, Inc. - Olympia, WA - Lacey, WA

Trish, great post full of interesting market trends! It is interesting to me (living across the country) to see the concentration of sales in the higher end of your market coupled with a very reasonable DOM. We have the exact opposite trend in my market. We typically see a cluster of sales in the lower end then a wide range extending up to 1-1.5 million, with the higher end seeing average DOM of over 8 months. The effect is a downward pressure on our median sales price. I always enjoy reading about trends in other markets, thanks for sharing this detailed breakdown!

May 07, 2010 10:57 AM #1
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Rainmaker
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Patrizia "Trish" Giassa

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