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Summit, 07901 Real Estate Overview

Today, December 26, 2009

Market View for 07901

Info
Avg. Listing Price $1,193,902 Wk ending Dec 16
-$4,710
-0.4%
w-o-w
Median Sales Price $760,000 Sep '09 - Nov '09
+$92,125
+13.8%
y-o-y
144Homes For Sale 0Open Homes
170Recently Sold 31Foreclosures

Market Trends for 07901

Embed Info
Listing price – 07901, Summit
Average Listing Price
$1,193,902
-0.4%
w-o-w
Median Sales Price
$760,000
+13.8%
y-o-y
Average price/sqft
$
%
y-o-y
Number of Sales
46
-29.2%
y-o-y
More 07901 Market Trends
Select chart to embed:  
Copy & Paste HTML to embed this graph in your website:

Home Prices for Union County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 16
 
w-o-w

07901
$1,193,902
-0.4%
07090
$971,914
+0.2%
07083
$331,478
+0.6%
07076
$611,661
+1.3%
07016
$501,052
-0.7%
 
Movers & Shakers
Avg. listing price
Week ending Dec 16
 
w-o-w

07922
$641,359
-7.4%
07201
$342,796
-4.8%
07069
$1,090,377
-2.9%
07063
$244,957
-2.5%
07088
$273,367
+2.3%
 
View Union County Home Prices Map
 

Summit, 07901 Summary

The median sales price for homes in ZIP code 07901 in Summit from Sep 09 to Nov 09 was $760,000 based on 46 sales. Compared to the same period one year ago, the median sales price increased 13.8%, or $92,125, and the number of sales decreased 29.2%. Average price per square foot for homes in 07901 was $387, an increase of 0% compared to the same period last year.

There are currently 144 resale and new homes in ZIP code 07901 on Trulia, including 31 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07901 was $1,193,902 for the week ending Dec 16, which represents a decrease of 0.4%, or $4,710, compared to the prior week.

 

Schools in Summit

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Summit Public Schools
Public
—
9
—
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Oak Knoll School - Holy Child
Catholic
7 - 12
Lincoln - Hubbard Elementary School
Public
1 - 5
Kent Place School
Private
PK - 12
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Summit Schools
 

Community Info for Summit

Info
More Summit Community Info

Homes for Sale in 07901

75 Broad Street, Summit NJ
75 Broad St…
$439,000
2 br  2 ba
417 Morris Avenue #48, Summit NJ
417 Morris…
$319,000
2 br  1 ba
14 Friar Tuck Circle, Summit NJ
14 Friar T…
$6,995,000
7 br  10 ba
12 Lowell Avenue, Summit NJ
12 Lowell…
$539,000
3 br  1 ½ ba
232 Woodland Avenue, Summit NJ
232 Woodla…
$1,794,999
4 br  2 ½ ba
133 Summit Avenue, Summit NJ
133 Summit…
$245,000
 
View all 07901 Homes for Sale
 
Stats & Trends
07901, Summit

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Summit

Real Estate Overview

Homes for Sale

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Nearby Cities

Cities
Median
sales price
Average
listing price
Springfield
$405,000
$478,437
Short Hills
$1,345,000
$2,240,257
New Providence
$503,852
$656,540
Chatham
$695,004
$968,318
Mountainside
$525,500
$945,422
Millburn
$467,250
$910,510
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Advice

Recent Q&A in Summit, NJ

Q: Commute from Edison 2 answers
Q: Is there any way to speed up the process of a short sale in New Jersey? 4 answers
Q: What is the opinion of the condos at 1 Euclid? 4 answers
Q: I am looking at single-family houses in Livingston and Summit. How do the 2 townships match up in terms of? 6 answers
Q: Different areas in Summit - how they rate and appreciate 2 answers

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Nearby Cities Real Estate

  • Springfield Real Estate
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Nearby Cities Sold Homes

  • Springfield Sold Homes
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  • Millburn Sold Homes

Nearby Cities Home Prices

  • Springfield Home Prices
  • Short Hills Home Prices
  • New Providence Home Prices
  • Chatham Home Prices
  • Mountainside Home Prices
  • Millburn Home Prices

07901 Stats & Trends

  • 07901 Market Trends
  • Summit Schools
  • Summit Community Info
  • Summit Home Prices
  • 07901 Real Estate
  • 07901 Recently Sold Homes

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Summit real estate—use Trulia to find real estate in Summit as well real estate in other cities in New Jersey. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Summit real estate trends, market activity, and neighborhood information. Before buying a house in Summit, research real estate on Trulia. Understanding the Summit real estate market is your first step to buying a home in Summit, New Jersey. Our real estate guide gives your a valuable overview of the Summit real estate market—find Summit properties, sales statistics, real estate price trends, real estate market activity, comparisons of Summit schools or New Jersey schools, and general demographic information for Summit, NJ. Trulia's real estate guide combines a Summit map with a detailed list of Summit neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Summit.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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