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Summit Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 101.5% of list price in 19 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $400K Sold · $430K
$470K$410K$350K$290K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Oct. Last month: 0.

Where the market stands

All homes in this report, by status.

9homes
Active2 · 22%
Under contract1 · 11%
Sold (12 mo)6 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$625K
Under contract$185K
Sold$379K

Average days on market

Active28 days
Under contract25 days
Sold19 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $625,000
Avg. days on market 28 days
Avg. price per ft² $195
Avg. living area 3,197 ft²
Avg. beds / baths 3.0 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 2 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

1554 Lorewood Grove Rd$198
1323 Lorewood Grove Rd$192

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1323 Lorewood Grove RdMiddletown, DE 19709 333,370$650,000$19248 days
1554 Lorewood Grove RdMiddletown, DE 19709 323,025$600,000$1989 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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