REAL ESTATE MARKET

summit, ILLINOIS

August 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?
  • 6.39months
    To Sell All Homes Presently For Sale
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HOW MUCH DID summit BUYER PAY?

Buyers payed

Under asking price

2

Buyers payed

At asking price

1

Buyers payed

Over asking price

4

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WHY DOES summit HAVE A BALANCED MARKET?

August 2018

33

  • Active Homes For Sale

Last 12 Months

62

  • Homes Sold
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HOW summit market trend from last Year?

Active Homes For Sale

  • July 2017

    60

  • July 2018

    33

Homes Sold

  • July 2017

    7

  • July 2018

    7
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 6

CONDOS

Sold 1
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HOW LONG DOES IT TAKE TO SELL IN summit?

summit Single Family Homes

Sell Faster In July Vs June

  • June 2018

    45 days

  • July 2018

    11 days

summit Condo, duplex & town-homes

  • June 2018

    Nothing
    Sold

  • July 2018

    363 days
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HOW ARE PRICES TRENDING IN summit?

Avarage list price increase

Good for seller

  • June

    $175K

  • July

    $179K

Median sold price increase

Good for seller

  • June

    $160K

  • July

    $166K
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WHAT CAN I BUY IN summit ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$123K-$145K
Bedrooms
3
Bathrooms
1.5
Home size
1698Sq. Ft.
$145K-$190K
Bedrooms
3.3
Bathrooms
1.7
Home size
1553.3Sq. Ft.
$190K-$214K
Bedrooms
3.5
Bathrooms
2.5
Home size
1350Sq. Ft.
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WHAT IS FOR SALE IN summit TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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summit REAL ESTATE MEDIAN SALES PRICE BY MONTH

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summit SOLD LISTINGS

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summit ACTIVE FOR SALE LISTINGS

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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
6042 76th, Summit, IL 60501 Aug 09, 2018 6042 76th 4 2 2,044 ft2 $133K
7337 58th, Summit, IL 60501 Aug 08, 2018 7337 58th 3 4 1,877 ft2 $276K
7423 58th, Summit, IL 60501 Aug 08, 2018 7423 58th 2 2 1,076 ft2 $125K
7653 62nd, Summit, IL 60501 Aug 02, 2018 7653 62nd 4 2 0 ft2 $78K
7641 62nd, Summit, IL 60501 Aug 07, 2018 7641 62nd 3 3 1,775 ft2 $156K
7737 61st, Summit, IL 60501 Aug 12, 2018 7737 61st 3 2 1,369 ft2 $185K
5410 Center, Summit, IL 60501 Aug 06, 2018 5410 center 3 1 1,008 ft2 $155K
7303 55th, Summit, IL 60501 Aug 04, 2018 7303 55th 3 2 1,490 ft2 $220K
7345 62nd, Summit, IL 60501 Aug 01, 2018 7345 62nd 4 3 2,640 ft2 $270K