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1995-2008 - Summit - Average Annual Selling Prices

 

AVERAGE ANNUAL SELLING PRICES FOR

Summit, NJ

Most recent town reassessment:  1994

 

 

Year

 

 

Town Average Sale Price $

 

% Price Change from Previous Year

2008

1,070,000

-17%

Q4-2008

902,000

 

Q3-2008

1,256,000

 

Q2-2008

957,000

 

Q1-2008

1,030,000

 

2007

1,248,000

12%

Q4-2007

1,206,000

 

Q3-2007

1,411,000

 

Q2-2007

1,034,000

 

Q1-2007

916,000

 

2006

1,108,000

 7%

Q4-2006

960,000

 

Q3-2006

1,108,000

 

Q2-2006

1,181,000

 

Q1-2006

1,161,000

 

2005

1,038,000

6%

Q4-2005

1,087,000

 

Q3-2005

1,145,000

 

Q2-2005

1,031,000

 

Q1-2005

753,000

 

2004

978,000

6%

Q4-2004

898,000

 

Q3-2004

1,008,000

 

Q2-2004

977,000

 

Q1-2004

1,017,000

 

2003

926,000

16%

Q4-2003

1,067,000

 

Q3-2003

909,000

 

Q2-2003

996,000

 

Q1-2003

816,000

 

2002

797,000

7%

2001

745,000

14%

2000

652,000

12%

1999

580,000

7%

1998

540,000

10%

1997

487,000

 3%

1996

473,000

↓1%

1995

478,000

7%

This information was assembled from information in the Garden State Multiple Listing Service.  The information is deemed reliable but is not warranted or guaranteed.  Subject to errors, omissions and changes without prior notification.  Please contact a REALTOR before making any final conclusions about the value of your home.

Contact Information

Teri Danahey & Daniel Fevre
Prudential New Jersey Properties
1260 Springfield Ave.
New Providence NJ 07974
908-464-5200
Fax: 908-464-1133