REAL ESTATE MARKET

summit, ILLINOIS

October 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?
  • 7.09months
    To Sell All Homes Presently For Sale
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HOW MUCH DID summit BUYER PAY?

Buyers payed

Under asking price

3

Buyers payed

At asking price

0

Buyers payed

Over asking price

0

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

October 2018

39

  • Active Homes For Sale

Last 12 Months

66

  • Homes Sold
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HOW summit market trend from last Year?

Active Homes For Sale

  • September 2017

    54

  • September 2018

    39

Homes Sold

  • September 2017

    5

  • September 2018

    3
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 3

CONDOS

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

summit Single Family Homes

Sell Slower In September Vs August

  • August 2018

    26 days

  • September 2018

    28 days

summit Condo, duplex & town-homes

  • August 2018

    334 days

  • September 2018

    Nothing
    Sold
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HOW ARE PRICES TRENDING IN summit?

Avarage list price increase

Good for seller

  • August

    $175K

  • September

    $183K

Median sold price decrease

Buyers bargain harder

  • August

    $198K

  • September

    $165K
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WHAT CAN I BUY IN summit ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$134K-$149K
Bedrooms
3
Bathrooms
2
Home size
1000Sq. Ft.
$149K-$180K
Bedrooms
3
Bathrooms
2
Home size
1224Sq. Ft.
$181K-$197K
Bedrooms
3
Bathrooms
2
Home size
1632Sq. 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
6028 Archer, Summit, IL 60501 Oct 08, 2018 6028 archer 2 1 1,000 ft2 $90K
7616 61st, Summit, IL 60501 Jul 09, 2018 7616 61st 3 1 950 ft2 $125K
7737 61st, Summit, IL 60501 Oct 11, 2018 7737 61st 3 2 1,369 ft2 $169K
7423 58th, Summit, IL 60501 Aug 08, 2018 7423 58th 2 2 1,076 ft2 $125K
7608 62nd, Summit, IL 60501 Oct 11, 2018 7608 62nd 3 2 984 ft2 $179K
7303 55th, Summit, IL 60501 Oct 04, 2018 7303 55th 3 2 1,490 ft2 $209K
7511 64th, Summit, IL 60501 Sep 19, 2018 7511 64th 5 2 0 ft2 $65K
6235 75th, Summit, IL 60501 Oct 09, 2018 6235 75th 5 2 1,752 ft2 $210K
7503 Douglas, Summit, IL 60501 Sep 18, 2018 7503 douglas 5 2 1,526 ft2 $215K