Summit, WA
Housing market overview · Updated weekly
$593,500median sale price
Homes sold
2
Last 12 weeks
Days on market
71
Average pace
Active listings
23
11.5 months supply
Sale-to-list
99.5%
Below asking
The Summit housing market is currently classified as a buyer's market with a median sale price of $593,500. Prices have risen 30.6% compared to last year, with homes spending an average of 71 days on market, indicating 11.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Summit
There are currently 23 homes listed for sale in Summit, Washington. The median listing price is $725K.
Active listings
23
Homes on market
Median list price
$725K
Avg. days on market
71
Days until sale
New this week
12
Newly listed
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Frequently asked questions
What is the average home price in Summit?
The median home sale price in Summit is $593,500, up 30.6% from last year.
How long do homes stay on market in Summit?
Homes typically spend 71 days on market before going under contract.
Is Summit a buyer's or seller's market?
With 11.5 months of supply, Summit is currently a buyer's market.
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