REAL ESTATE MARKET

summit, ILLINOIS

December 2018

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summit Real Estate

is a SELLER'S MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 4.62months
    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

2

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

December 2018

25

  • Active Homes For Sale

Last 12 Months

65

  • Homes Sold
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HOW summit market trend from last Year?

Active Homes For Sale

  • November 2017

    61

  • November 2018

    25

Homes Sold

  • November 2017

    10

  • November 2018

    5
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 5

CONDOS

Sold N/A
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HOW LONG DOES IT TAKE TO SELL IN summit?

summit Single Family Homes

Sell Faster In November Vs October

  • October 2018

    112 days

  • November 2018

    54 days

summit Condo, duplex & town-homes

  • October 2018

    Nothing
    Sold

  • November 2018

    Nothing
    Sold
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HOW ARE PRICES TRENDING IN summit?

Avarage list price REMAINS THE SAME

Good for seller

  • October

    $197K

  • November

    $197K

Median sold price decrease

Buyers bargain harder

  • October

    $161K

  • November

    $157K
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WHAT CAN I BUY IN summit ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$130K-$143K
Bedrooms
3.5
Bathrooms
1.5
Home size
1526Sq. Ft.
$143K-$173K
Bedrooms
5
Bathrooms
3
Home size
1445Sq. Ft.
$173K-$189K
Bedrooms
3.5
Bathrooms
1.6
Home size
1599Sq. 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
Oct 08, 2018 6028 archer 2 1 1,000 ft2 $90K
Nov 21, 2018 5443 hunt 2 1 844 ft2 $125K
Oct 29, 2018 7608 62nd 3 2 984 ft2 $175K
Nov 16, 2018 7245 58th 3 2 0 ft2 $179K
Sep 19, 2018 7511 64th 5 2 0 ft2 $65K
Nov 27, 2018 7227 61st 8 2 0 ft2 $200K
Dec 02, 2018 5515 73rd 4 3 0 ft2 $205K
Nov 10, 2018 7341 56th 4 3 1,609 ft2 $229K
Sep 18, 2018 7505 63rd 3 3 1,775 ft2 $156K