Market report, updated

Summit Home Values and Market Report

Search in the city of Summit

Create your own market report
Capitalregionteam.com
Report prepared by Capitalregionteam.com The Capital Region Team at Compass
The Capital Region Team at Compass logo

Market at a glance

Over the last 12 months, homes sold for 89.7% of list price in 152 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $435K Sold · $403K
$450K$310K$170K$30K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Nov. Last month: 3.

Where the market stands

All homes in this report, by status.

43homes
Active11 · 26%
Under contract11 · 26%
Sold (12 mo)21 · 49%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$291K
Under contract$155K
Sold$170K

Average days on market

Active133 days
Under contract34 days
Sold152 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 11
Average list price $290,872
Avg. days on market 133 days
Avg. price per ft² $204 Based on 9 of 11 homes
Avg. living area 1,889 ft² Based on 9 of 11 homes
Avg. beds / baths 3.5 / 2.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 9 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

3 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

221 Stone Ridge Drive$447
115 Lakeside Drive$346
2588/2584 New York 10$293
118 Stone Ridge Drive$191
118 Lookout Drive$182
388 Baptist Church Road$160
179 Rossman Hill Road$154

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
179 Rossman Hill RoadSummit, NY 12175 522,432$375,000$15413 days
221 Stone Ridge DriveSummit, NY 12036 21760$340,000$44751 days
115 Lakeside DriveSummit, NY 12175 321,385$480,000$346102 days
118 Stone Ridge DriveSummit, NY 12036 433,000$575,000$19167 days
388 Baptist Church RoadSummit, NY 12036 432,652$424,900$160118 days
118 Lookout DriveSummit, NY 12175 21684$125,000$182123 days
1623 Charlotte Valley RoadSummit, NY 12175 522,280$89,900$39129 days
2588/2584 New York 10Summit, NY 12175 332,300$675,000$293136 days
L9.113 Lutheranville RoadSummit, NY 12175 ———$32,900—192 days
L9.112 Lutheranville RoadSummit, NY 12175 ———$39,900—192 days
Capitalregionteam.com

Questions about this market?

The Capital Region Team at Compass logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Capitalregionteam.com The Capital Region Team at Compass

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated