REAL ESTATE MARKET

summit, ILLINOIS

May 2018

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summit Real Estate

is a BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 6.89months
    To Sell All Homes Presently For Sale
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HOW MUCH DID summit BUYER PAY?

Buyers payed

Under asking price

4

Buyers payed

At asking price

1

Buyers payed

Over asking price

2

There are more summit buyers paying under asking price.
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WHY DOES summit HAVE A BALANCED MARKET?

May 2018

35
  • Active Homes For Sale

Last 12 Months

61
  • Homes Sold

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HOW summit market trend from last Year?

Active Homes For Sale

  • April 2017

    64
  • April 2018

    35

Homes Sold

  • April 2017

    5
  • April 2018

    7
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 7

CONDOS

Sold N/A

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HOW LONG DOES IT TAKE TO SELL IN summit?

summit Single Family Homes

Sell Slower In March Vs April

  • March 2018

    10
  • April 2018

    58

summit Condo, duplex & town-homes

Sell Faster In March Vs April

  • March 2018

    189
  • April 2018

    Nothing
    Sold
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WHAT CAN I BUY IN summit ON MY BUDGET ?
$120K-$144K$144K-$197K$197K-$225K
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
Low
Bedrooms
3.5
Bathrooms
1.5
Home size
1368Sq. Ft.
Mid
Bedrooms
2.8
Bathrooms
2
Home size
1127.3Sq. Ft.
High
Bedrooms
4
Bathrooms
1.1
Home size
1300Sq. Ft.
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summit REAL ESTATE MEDIAN SALES PRICE BY MONTH

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summit TRANSACTION VOLUME IN US DOLLARS

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Schools in summit

School Name Grand Level For Sale
otis p graves elementary school Pre-School - 4th Grade View Homes For Sale
walsh elementary school Pre-School - 4th Grade View Homes For Sale
School Name Grand Level For Sale
dr donald wharton elementary school 5th Grade - 5th Grade View Homes For Sale
heritage middle school 6th Grade - 8th Grade View Homes For Sale
School Name Grand Level For Sale
argo community high school 9th Grade - 12th Grade View Homes For Sale

Subdivisions in summit

Subdivision
argo ( 1 for sale) View Homes For Sale

New For Sale in Summit

Date Address Beds Baths Sq.Ft. Price
5410 Center, Summit, IL 60501 May 16, 2018 5410 center 3 1 1,008 ft2 $159K
7504 64th, Summit, IL 60501 May 14, 2018 7504 64th 5 2 0 ft2 $75K
7424 61st, Summit, IL 60501 May 15, 2018 7424 61st 2 1 0 ft2 $94K
7227 61st, Summit, IL 60501 May 18, 2018 7227 61st 8 3 0 ft2 $179K
7509 64th, Summit, IL 60501 May 10, 2018 7509 64th 5 2 0 ft2 $100K
6028 Archer, Summit, IL 60501 Apr 13, 2018 6028 archer 2 1 1,000 ft2 $94K
7416 61st, Summit, IL 60501 Apr 25, 2018 7416 61st 6 3 0 ft2 $249K
7511 64th, Summit, IL 60501 May 09, 2018 7511 64th 5 2 0 ft2 $80K
7503 Douglas, Summit, IL 60501 Apr 25, 2018 7503 douglas 5 2 1,526 ft2 $220K