Summit Market Trends


Median Sales Price in Summit

 

1 yr 5 yr Max
Summit median sales prices
Number of sold homes in Summit
No. Bedrooms May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms - - - - -
3 bedrooms $76,000 +4.1% $129,000 $73,000 $86,000
4 bedrooms - - - - -
All properties $87,000 +27.0% $125,000 $68,500 $73,750
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Summary for Summit


The median sales price for homes in Summit IL for May 14 to Aug 14 was $87,000. This represents a decline of 30.4%, or $38,000, compared to the prior quarter and an increase of 27% compared to the prior year. Sales prices have appreciated 18% over the last 5 years in Summit. The average listing price for Summit homes for sale on Trulia was $133,190 for the week ending Aug 13, which represents an increase of 4.2%, or $5,335, compared to the prior week and an increase of 2.3%, or $2,988, compared to the week ending Jul 23. Average price per square foot for Summit IL was $71, an increase of 1.4% compared to the same period last year.

Average Listing Price in Summit

 

Summit average property price
Summit – number of properties
No. Bedrooms Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Week ending
Jul 23
1 bedroom - - - - -
2 bedrooms $87,267 +0.2% $87,122 $94,740 $94,740
3 bedrooms $125,382 -0.3% $125,750 $128,545 $120,125
4 bedrooms $134,897 +5.7% $127,675 $128,230 $122,241
All properties $133,190 +4.2% $127,855 $131,296 $130,202
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Average Price Per Sqft. for Homes in Summit

 

1 yr 5 yr Max
Summit average price per square foot
No. Bedrooms May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms - - - - -
3 bedrooms $63 -10.0% $81 $70 $88
4 bedrooms - - - - -
All properties $71 +1.4% $73 $70 $80
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Popular Zips in Summit


Zips Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
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Homes for Sale in Summit
View all Summit Homes for Sale