 **4 Offers after first weekend in 2009 market!
"What more can I say about Sue Adler and her competent team, other than: Ladies, you rock!"
Yvette & David Reis, Maplewood NJ Buyer & Seller
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***Please note that we pull these Livingston home sale prices and stats from the GSMLS statistics, so "Original Listing Price" and "Days On Market" only include its current listing, not the full history of a listing. For example,if the listing agent took it off the market to change the price and put it back on as a new listing,or a listing had previously expired and was relisted, the previous listing is not included in gsmls' Original List Price or Days On Market calculations.
If you'd like to know the complete history of a specific listing, we'll be happy to get you that information. Furthermore, when we pull comps for you prior to any home purchase, we will provide a more in depth analysis for you. July 2010 Home Sale Prices and Market Stats 
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 16 Passaic Ave |
$399,000 |
$375,000 |
$360,000 |
45 |
2 |
1.1 |
Colonial |
| 103 Park Ave Unit C3 |
$375,000 |
$375,000 |
$365,000 |
16 |
3 |
2.1 |
TwnIntUn |
| 29 Milton Ave |
$519,900 |
$499,999 |
$475,000 |
107 |
3 |
2 |
SplitLev |
| 1 Euclid Ave Apt 3D |
$519,000 |
$519,000 |
$490,000 |
115 |
1 |
1 |
HighRise |
| 11 Euclid Ave Apt 5B |
$559,000 |
$559,000 |
$490,000 |
47 |
3 |
2 |
OneFloor |
| 67-73 New England Ave 71F |
$575,000 |
$575,000 |
$557,500 |
36 |
3 |
3 |
TwnEndUn |
| 262 Woodland Ave |
$575,000 |
$575,000 |
$575,000 |
18 |
3 |
1.1 |
Colonial |
| 60 Linden Pl |
$599,900 |
$599,900 |
$515,000 |
93 |
3 |
2.1 |
Ranch |
| 1 Euclid Ave Apt 3C |
$699,000 |
$699,000 |
$685,000 |
18 |
2 |
2 |
OneFloor |
| 182 Ashland Rd |
$699,000 |
$699,000 |
$698,100 |
12 |
3 |
2.1 |
Tudor |
| 9 Madison Ave |
$749,000 |
$749,000 |
$749,000 |
6 |
3 |
3 |
SplitLev |
| 109 Mountain Ave |
$749,000 |
$749,000 |
$720,000 |
20 |
3 |
3.1 |
Colonial |
| 2 Meadowbrook Ct |
$859,000 |
$795,000 |
$790,000 |
70 |
4 |
2.1 |
Colonial |
| 2 Nassau Dr |
$869,000 |
$799,000 |
$780,000 |
67 |
4 |
3 |
CapeCod |
| 16 Myrtle Ave |
$850,000 |
$850,000 |
$825,000 |
16 |
4 |
3.1 |
Tudor |
| 154 Maple St |
$879,000 |
$879,000 |
$989,000 |
8 |
4 |
2.1 |
Colonial |
| 14 Crestwood Ln |
$999,000 |
$949,000 |
$930,000 |
19 |
4 |
2.1 |
CapeCod |
| 126 Beechwood Rd |
$979,000 |
$979,000 |
$939,500 |
29 |
6 |
3.1 |
Colonial |
| 26 Joanna Way |
$998,000 |
$998,000 |
$980,000 |
16 |
4 |
3 |
RanchExp |
| 86 Druid Hill Rd |
$1,195,000 |
$1,145,000 |
$1,100,000 |
79 |
4 |
3.2 |
Custom |
| 65 Templar Way |
$1,395,000 |
$1,345,000 |
$1,275,000 |
36 |
5 |
3.1 |
Colonial |
| 7 Winchester Rd |
$1,375,000 |
$1,375,000 |
$1,375,000 |
15 |
4 |
3.1 |
Colonial |
| 15 Hawthorne Pl |
$1,385,000 |
$1,385,000 |
$1,310,000 |
22 |
4 |
2.1 |
Colonial |
| 28 Bellevue Ave |
$1,695,000 |
$1,695,000 |
$1,695,000 |
15 |
4 |
3.2 |
Colonial |
| 252 Summit Ave |
$1,699,000 |
$1,699,000 |
$1,700,000 |
10 |
5 |
3 |
Tudor |
| 1 Edgewood Dr |
$1,795,000 |
$1,795,000 |
$1,625,000 |
57 |
4 |
3.2 |
Tudor |
| 11 Canterbury Ln |
$2,145,000 |
$2,145,000 |
$2,000,000 |
302 |
5 |
4.1 |
Colonial |
| 47 Colt Rd |
$2,650,000 |
$2,650,000 |
$2,485,000 |
61 |
5 |
3.1 |
Colonial |
| 74 Whittredge Road |
$2,995,000 |
$2,850,000 |
$2,800,000 |
98 |
6 |
4.1 |
Colonial |
| 17 Lenox Rd |
$2,975,000 |
$2,975,000 |
$3,300,000 |
0 |
5 |
5.1 |
Colonial |
AVERAGE DAYS ON MARKET: 49 AVERAGE LISTING PRICE:$894,472
AVERAGE SALE PRICE:$1,138,641 % SALE PRICE / LIST PRICE: 98%
SUMMIT Home sale Trends July 2009 thruJuly 2010
|
desc |
July 2009 |
Aug. |
Sept. |
Oct. |
Nov. |
Dec. |
|
Average Listing Price |
$1,162,357 |
$1,269,325 |
$1,233,966 |
$1,282,710 |
$1,111,754 |
$1,093,344 |
|
Average Sale Price |
$999,321 |
$912,446 |
$899,732 |
$697,800 |
$975,536 |
$1,091,471 |
|
%Sale Price to List Price Ratio |
96% |
97% |
96% |
95% |
98% |
93% |
|
Days on Market |
61 |
55 |
88 |
49 |
82 |
150 |
|
# of Active
Listings |
194 |
160 |
183 |
171 |
163 |
143 |
|
# of Closed Listings |
42 |
29 |
7 |
16 |
19 |
22 |
|
desc |
Jan. |
Feb. |
Mar. |
April |
May |
June |
July 2010 |
|
Average Listing Price |
$1,085,862 |
$1,104,066 |
$1,120,176 |
$1,133,619 |
$1,131,098 |
$961,085 |
$894,472 |
|
Average Sale Price |
$699,492 |
$693,429 |
$752,938 |
$979,290 |
$800,795 |
$1,037,654 |
$1,138,641 |
|
%Sale Price to List Price Ratio |
94% |
99% |
98% |
98% |
99% |
98% |
98% |
|
Days On Market |
180 |
74 |
65 |
52 |
61 |
41 |
49 |
|
# of Active Listings |
194 |
138 |
182 |
194 |
188 |
166 |
145 |
|
# of Closed Listings |
12 |
8 |
9 |
24 |
29 |
52 |
30 |
|
July 2010 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average
|
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$324,829 |
$0 |
$269,900 |
$490,000 |
115 |
94% |
|
2 |
$379,300 |
$442,500 |
$392,833 |
$522,500 |
32 |
97% |
|
3 |
$530,436 |
$520,322 |
$646,975 |
$573,388 |
40 |
95% |
|
4 |
$896,857 |
$765,375 |
$814,090 |
$1,127,182 |
35 |
98% |
|
5 |
$1,772,061 |
$1,167,250 |
$1,569,714 |
$2,071,357 |
77 |
99% |
|
TOWN |
$894,472 |
$711,300 |
$888,038 |
$1,138,641 |
49 |
98% |  CLICK BELOW TO VIEW
THE SALES AND STATS
BY MONTH
Data compiled from the GSMLS. Deemed reliable, but not guaranteed.
Interested in a complimentary market analysis of your Summit NJ home? Just fill out the form below, and Sue will be in touch with you shortly.
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Buying Land and New Construction >Building Considerations
Are you planning to build your dream home? Once you are pre-approved for a loan and have found a professional real estate agent you trust, you are ready to start looking for the perfect lot.
Compare the qualities of several target neighborhoods by looking at schools, shopping, recreation and zoning. Make sure that the zoning regulations allow you to build the size and height of the home you want. Find out if there are use restrictions that would prevent you from developing your property as you intend. A visit to the local planning department will clarify your options for building.
Consider what type of home would best suit your lifestyle. Create a checklist to itemize the "must-have" interior and exterior features of a house that you feel are absolute requirements. Make notations about yard size, paint, roof and window conditions for the exterior, and floor plan, room quality and condition of the appliances for the interior. Bring your lists to your real estate agent. Together you can look over the currently available properties that correspond to your needs.
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| Q |
Where will you find the world's largest indoor waterfall?
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| A |
The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble. |
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- NUMBER1EXPERT™ 
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