Summit Sales Statistics for July 1, 2008 to November 15, 2008

Summit Sales Statistics July 1, 2008 to November 15, 2008

Up to $500,000
20 Units Sold
Average Days on Market:  73 days
Average List Price:  $416,000
Average Sale Price:  $393,000     -6% adjustment

$500,000 to $750,000
11 Units Sold
Average Days on Market:  113 days
Average List Price:  $676,000
Average Sale Price:  $594,000     -14% adjustment

$750,000 to $1,000,000
9 Units Sold
Average Days on Market:  81 days
Average List Price:  $929,000
Average Sale Price:  $860,000     -8% adjustment

$1,000,000 to $2,000,000
6 Units Sold
Average Days on Market:  68 days
Average List Price:  $1,388,000
Average Sale Price:  $1,375,000   +1% adjustment

$2,000,000 to $3,000,000
2 Units Sold
Average Days on Market:  12 days
Average List Price:  $2,750,000
Average Sale Price:  $2,780,000   0% adjustment

$3,000,000 to $5,000,000
2 Units Sold
Average Days on Market:  10 days
Average List Price:  $4,375,000
Average Sale Price:  $4,550,000   +4% adjustment