REAL ESTATE MARKET

summit, ILLINOIS

June 2019

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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?
  • 6.75months
    To Sell All Homes Presently For Sale
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HOW MUCH DID summit BUYER PAY?

Buyers payed

Under asking price

1

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?

June 2019

27

  • Active Homes For Sale

Last 12 Months

48

  • Homes Sold
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HOW summit market trend from last Year?

Active Homes For Sale

  • May 2018

    33

  • May 2019

    27

Homes Sold

  • May 2018

    2

  • May 2019

    1
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 1

CONDOS

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

summit Single Family Homes

Sell Faster In May Vs April

  • April 2019

    51 days

  • May 2019

    12 days

summit Condo, duplex & town-homes

  • April 2019

    Nothing
    Sold

  • May 2019

    Nothing
    Sold
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HOW ARE PRICES TRENDING IN summit?

Avarage list price decrease

Buyers bargain harder

  • April

    $173K

  • May

    $157K

Median sold price decrease

Buyers bargain harder

  • April

    $264K

  • May

    $145K
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WHAT CAN I BUY IN summit ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$145K-$145K
Bedrooms
4
Bathrooms
1.1
Home size
1034Sq. Ft.
$145K-$145K
Bedrooms
0
Bathrooms
0
Home size
0Sq. Ft.
$145K-$145K
Bedrooms
4
Bathrooms
1.1
Home size
1034Sq. 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 (2 for sale) View Homes For Sale

New For Sale in Summit

Date Address Beds Baths Sq.Ft. Price
May 22, 2019 6028 archer 2 1 794 ft2 $80K
May 13, 2019 6052 75th 3 1 915 ft2 $110K
Mar 25, 2019 none none 3 2 0 ft2 $175K
Jun 06, 2019 7217 61st 3 2 1,368 ft2 $190K
Jun 10, 2019 7303 55th 3 2 1,490 ft2 $210K
Jun 04, 2019 5308 74th 3 2 1,702 ft2 $236K
Jun 09, 2019 7636 62nd 4 2 0 ft2 $125K
Jun 07, 2019 7653 62nd 4 2 0 ft2 $250K
Mar 07, 2019 7511 64th 5 2 0 ft2 $64K