***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. February 2010 Home Sale Prices and Market Stats 
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 124 Morris Ave |
$249,900 |
$249,900 |
$250,000 |
29 |
3 |
1.1 |
Colonial |
| 133 Summit Avenue, Unit 22 |
$295,000 |
$295,000 |
$280,000 |
128 |
3 |
2 |
OneFloor |
| 13 Pearl St |
$435,000 |
$435,000 |
$425,000 |
78 |
3 |
1 |
Colonial |
| 209 Mountain Avenue |
$449,000 |
$449,000 |
$480,000 |
127 |
5 |
3 |
RanchExp |
| 176 Kent Place Blvd |
$599,900 |
$599,900 |
$550,000 |
99 |
3 |
1.1 |
Colonial |
| 10 Myrtle Ave |
$850,000 |
$850,000 |
$840,000 |
15 |
4 |
2.1 |
Colonial |
| 14 Little Wolf Rd |
$1,175,000 |
$1,175,000 |
$1,155,000 |
16 |
5 |
3.1 |
RanchExp |
| 148 Rotary Dr |
$1,299,000 |
$1,299,000 |
$1,299,000 |
103 |
4 |
3.1 |
Colonial |
AVERAGE DAYS ON MARKET:138 AVERAGE LISTING PRICE:$1,104,066
AVERAGE SALE PRICE:$693,429 % SALE PRICE / LIST PRICE: 99%
SUMMIT Home sale Trends February 2009 thru February 2010
|
desc |
Feb.2009 |
March |
April |
June |
July |
Aug. |
|
Average Listing Price |
$1,233,966 |
$1,205,798 |
$1,213,791 |
$1,170,686 |
$1,162,357 |
$1,269,325 |
|
Average Sale Price |
$899,732 |
$504,893 |
$835,934 |
$1,041,262 |
$999,321 |
$912,446 |
|
%Sale Price to List Price Ratio |
96% |
93% |
94% |
96% |
96% |
97% |
|
Days on Market |
88 |
106 |
87 |
38 |
61 |
55 |
|
# of Active
Listings |
183 |
213 |
214 |
214 |
194 |
160 |
|
# of Closed Listings |
7 |
7 |
12 |
22 |
42 |
29 |
|
desc |
Sept. |
Oct.2009 |
Nov. |
Dec. |
Jan. |
Feb. 2010 |
|
Average Listing Price |
$1,233,966 |
$1,282,710 |
$1,111,754 |
$1,093,344 |
$1,085,862 |
$1,104,066 |
|
Average Sale Price |
$899,732 |
$697,800 |
$975,536 |
$1,091,471 |
$699,492 |
$693,429 |
|
%Sale Price to List Price Ratio |
96% |
95% |
98% |
93% |
94% |
99% |
|
Days On Market |
88 |
49 |
82 |
150 |
180 |
74 |
|
# of Active
Listings |
183 |
171 |
163 |
143 |
194 |
138 |
|
# of Closed Listings |
7 |
16 |
19 |
22 |
12 |
8 |
|
Feb. 09 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$342,100 |
$445,000 |
$172,500 |
$0 |
0 |
0% |
|
2 |
$388,244 |
$336,975 |
$337,450 |
$0 |
0 |
0% |
|
3 |
$590,868 |
$620,113 |
$582,780 |
$360,000 |
85 |
94% |
|
4 |
$978,425 |
$1,250,100 |
$867,667 |
$1,069,500 |
59 |
100% |
|
5 |
$2,212,388 |
$1,702,300 |
$1,597,800 |
$817,500 |
72 |
101% |
|
TOWN |
$1,104,066 |
$1,099,327 |
$897,081 |
$693,429 |
74 |
99% |  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.
 |
Selling Your Home >The Best Real Estate Agents
The best real estate agents in today's marketplace are becoming even better about marketing the homes they list to the public, as well as to other agents who have potential buyers.
When you are interviewing prospective real estate agents to help you sell your home, ask how they find buyers. In the past, a "For Sale" sign would go into the ground, the basic information went into the Multiple Listing Service, and then there was an occasional Sunday classified ad and an "open house". If the house did not sell right away, the agent might recommend a price reduction.
Agents today are much more sophisticated and pro-active about getting people into their homes. They rely on computers, direct mail, telemarketing, and just plain clever ideas that no one else has tried. Ask prospective listing agents for two things--a written analysis of what is happening with housing prices in your area and a marketing plan which outlines how they would get your home from "For Sale" to "Sold".
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| Q |
What real estate board game became the best-selling game in America just one year after it was created?
|
| A |
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
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