There was nothing average about Summit New Jersey Real Estate in 2007 based on the figures from the Garden State MLS:
In 2007, more homes were sold, at higher prices than the year before...but, it took a little longer:
Average Sale Price was up 11%
Number of Homes Listed was up 4%
Highest Price Home Sold was up by $2,000,000

What does this mean for buyers thinking of moving to Summit, New Jersey...now is the time to buy, with new lower interest rates on the horizon, 116 homes currently on the market, express trains to New York City on the Midtown Direct Line, a vibrant downtown, an excellent school system and homes retaining their value...you can't lose.
To view the complete study visit New Jersey Real Estate Wire.
To learn more about Summit, New Jersey and to search for Summit real estate visit Midtown Direct Homes
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