REAL ESTATE MARKET
summit, ILLINOIS
May 2018
HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
- 6.89monthsTo Sell All Homes Presently For Sale
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.
WHY DOES summit HAVE A BALANCED MARKET?
May 2018
35
Active Homes For Sale
Last 12 Months
61Homes Sold
HOW summit market trend from last Year?
Active Homes For Sale
-
April 2017
64 April 2018
35
Homes Sold
April 2017
5April 2018
7
WHAT TYPES OF HOMES ARE SELLING?
SINGLE FAMILY HOMES
Sold 7
CONDOS
Sold N/A
HOW LONG DOES IT TAKE TO SELL IN summit?
summit Single Family Homes
Sell Slower In March Vs April
March 2018
10April 2018
58
summit Condo, duplex & town-homes
Sell Faster In March Vs April
March 2018
189April 2018
Nothing
Sold
HOW ARE PRICES TRENDING IN summit?
Avarage list price increase
Good for seller
March
$144KApril
$144K
Median sold price decrease
Buyers bargain harder
March
$209KApril
$169K
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
BedroomsBathroomsHome size
3.5
1.5
1368Sq. Ft.
Mid
BedroomsBathroomsHome size
2.8
2
1127.3Sq. Ft.
High
BedroomsBathroomsHome size
4
1.1
1300Sq. Ft.
WHAT IS FOR SALE IN summit TODAY?
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 | |
|---|---|---|---|---|---|---|
|
|
May 16, 2018 | 5410 center | 3 | 1 | 1,008 ft2 | $159K |
|
|
May 14, 2018 | 7504 64th | 5 | 2 | 0 ft2 | $75K |
|
|
May 15, 2018 | 7424 61st | 2 | 1 | 0 ft2 | $94K |
|
|
May 18, 2018 | 7227 61st | 8 | 3 | 0 ft2 | $179K |
|
|
May 10, 2018 | 7509 64th | 5 | 2 | 0 ft2 | $100K |
|
|
Apr 13, 2018 | 6028 archer | 2 | 1 | 1,000 ft2 | $94K |
|
|
Apr 25, 2018 | 7416 61st | 6 | 3 | 0 ft2 | $249K |
|
|
May 09, 2018 | 7511 64th | 5 | 2 | 0 ft2 | $80K |
|
|
Apr 25, 2018 | 7503 douglas | 5 | 2 | 1,526 ft2 | $220K |
