Summit NJ Real Estate Sales Better In 2007

Homes in Summit NJ sold at a slightly higher rate in 2007 than in 2006.  You might be saying what, wait a minute but the news has been telling me all year how bad the New Jersey and National Real Estate Market is.  Well that is just it, there is no such thing as a national real estate market, and there really is not such a thing as a New Jersey Real Estate Market.

All Real Estate is local.  The market for real estate in Summit New Jersey in 2007 was decent, not great, not bad.

Here are that actual numbers as compared to 2006

                                                                                             2006               2007

Average Summit Sale Price                                                  $1,017,629       $1,131,531
Total Number of Summit Homes Sold                                      274                    292
Average Days to Sell                                                               49                      60

To read more on this and see a list of all the homes sold in Summit NJ visit the Summit NJ Real Estate Report at conventnews.org

As we all know Summit NJ is one of the most desireable places in New Jersey to live.  If you are thinking of buying a Summit NJ Home why call upon a expert Summit NJ real estate agent.  James Boyer REALTOR is your guy for this.

James Boyer
NJ REALTOR Associate
RE/MAX Properties Unlimited
973-647-0253 Direct
973-539-6300 Office

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