“Nael was incredible throughout the entire process in helping us sell our co-op studio. Would recommend and plan to use his services in the future.”
CENTURY 21 Elite Realty
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Summit real estate Market Report.
Information and statistics on the latest trends in the Summit real estate market. *
Latest Rolling 3-Month Snapshot
Mar 1, 2026 - May 31, 2026
Median sale price
$75K
-56%
from
Q1 '26
Median list price
$240K
+140%
from
Q1 '26
Active listings
17
+31%
from
Q1 '26
Homes sold
3
+50%
from
Q1 '26
New pendings
6
+200%
from
Q1 '26
New listings
9
+80%
from
Q1 '26
Quarterly Pricing Trends for Summit
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Summit
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Summit
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Summit
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Summit
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Summit
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
28
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Inventory in Summit has grown in this rolling three-month view, with active listings up more than 40 percent year over year and months of supply surging to about 11.7. At the same time, contract activity has picked up, as pending sales have more than doubled compared with a year ago, even though only three homes closed in the latest period.
Pricing has been under clear downward pressure, with the typical home value down over 80 percent year over year and the average sale-to-list ratio slipping to about 89 percent. Properties are taking longer to sell, with the median days on market stretching to around 180 days, though a small share of homes still goes off the market within two weeks.
Recent listing behavior shows sellers testing higher asking prices, with the median list price roughly flat year over year but sharply higher than a few months ago. With no recent sales closing above list and supply much higher than in prior years, negotiating power has shifted toward buyers even though the market gauge still classifies conditions as a seller’s market, and Agent Pronto can help both buyers and sellers find an agent who understands these dynamics.
Learn more about what Summit has to offer.
Summit offers residents a welcoming, close-knit community with beautiful natural surroundings, abundant local amenities, and a quality of life that blends small-town charm with modern convenience.
Summit offers small-town living with practical access to larger job centers and amenities. Located in Schoharie County, it provides a rural setting with straightforward routes to Cobleskill via NY-10 and short drives to Schoharie and Duanesburg. Daily life feels unhurried, yet you are close enough to reach key services, shopping, and dining without sacrificing space or quiet.
Outdoor recreation is a major draw. Residents enjoy hiking, fishing, and winter sports around Summit Lake and nearby Blenheim-Gilboa Visitor Center trails. Larger green spaces such as Max V. Shaul State Park and Mine Kill State Park are within an easy drive, offering campgrounds, waterfalls, and boat launches. Families value access to regional schools in the Cobleskill-Richmondville Central School District and resources like the Middleburgh Library.
Everyday needs are met by nearby grocery options, farm stands, and services in Middleburgh, with broader shopping choices in Oneonta and Albany. Housing ranges from seasonal lake cottages to year-round single-family homes on larger lots, making Summit attractive for full-time residents and second-home buyers.
Because properties here can vary widely by road, elevation, and school zoning, a local real estate expert can clarify nuances and reduce stress. Agent Pronto connects both buyers and sellers in Summit with agents who understand the area and make each step more manageable.
Trusted by over 500,000 buyers and sellers.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Ricky's experience in the local area, hard-working attitude and positive demeanor make him a great choice for perspective buyers in the Watetown/Fort Drum area!”
eXp Realty
“Después de una larga jornada para lograr comprar nuestra casa, por fin hemos llegado a la meta. 🏡 Queremos agradecer a María de Osorio por su apoyo durante todo este proceso. Siempre estuvo disponible para responder nuestras dudas y preguntas, brindándonos orientación y tranquilidad en cada paso. Definitivamente la recomendaremos a nuestros amigos y familiares. ¡Gracias por ayudarnos a hacer realidad este sueño!”
Century 21 Elite Realty
“Working with Nicole Issac was an absolute pleasure from start to finish. She was outstanding in every aspect of the process and truly went above and beyond to help us secure our property. Her patience, professionalism, and dedication made what could have been a stressful experience feel smooth and manageable. Nicole took the time to answer every question, explain every detail, and guide us through each step with confidence and care. No matter how many concerns or requests we had, she remained calm, responsive, and supportive throughout the entire journey. Her knowledge of the market, attention to detail, and commitment to our needs were exceptional. We always felt like a priority, and it was clear that she genuinely cared about helping us find the right home. I would highly recommend Nicole Issac to anyone looking for a trustworthy, hardworking, and patient real estate agent. She exceeded our expectations in every way, and we are incredibly grateful for all of her help.”
Century 21 Full Service Realty
“It was a pleasure to work with Crystal. She was knowledgeable and very responsive to requests. She shared updates as they occurred and came to our home for most of the paperwork signings. From listing to closing it was about 5 weeks to sell our property with 8 offers the first week! Thank you to Crystal the whole process went smoothly. We are very happy. We would list with her again in the future. Thank you. L”
Century 21 Jackson Real Estate
“Claudia was nothing short of amazing to work with during the process of looking for our first home. The whole process was made so much easier knowing we had someone like Claudia looking out for our best interests. She was always available to answer questions, offer guidance, and let us know when something that fit out criteria was available to visit. I would recommend Claudia without hesitation to anybody looking for a real estate agent.”
Century 21 Elite Realty
“I had an incredible experience working with Samuel Okine for my first NYC apartment. From start to finish, he was attentive, knowledgeable, and genuinely invested in helping me find the perfect place. Sam's guidance made the entire process stress-free, and I couldn't be happier with my new home. I highly recommend Sam to anyone looking for a trustworthy and professional agent in New York City!”
The Agency Real Estate
“A true professional. Alana is great at what she does .”
Signature Premier Properties
“Brandy was fantastic every step of the way and stayed consistent throughout this entire process. Highly recommended for anyone in need of a realtor.”
Century 21 Elite Realty
“I am glad that I contacted Agent Pronto, so I got to connect with Martha Gaffney. It has been a great pleasure working with her and she worked really hard to get me a house which is well worth it. Thanks Martha and thanks Agent Pronto for the opportunity. ”
Old Towne Living NY Inc.
“I have never seen a realtor agent go above and beyond like Sandy. I willl never work with another agent other than Sandy in the future”
Century 21 Scala Group
“Vesna is a top notch Broker and will always stick to her in the future and will also recommend her to anyone who needs real estate broker”
Century 21 Elite Realty
“My realtor was incredible and very helpful throughout the process of selling my home.”
HomeSmart Premier Living Realty
“We were referred to the Carrillo Agency and worked with Brandi Everett. She was great helping us through the entire buying process. She made sure we were covered by a colleague when she couldn't be there and guided us through the search, bidding and closing process. We can't thank Brandi enough for her help.”
Coldwell Banker
“Virginia worked well with me to sell my home. Communication was easy and she was always on time”
Century 21 Alliance Realty Group
“Sold my house when others couldn't. Sold it fast for asking price. Doesn't get any better than that!”
eXp Realty
“I enjoyed the extra mile as well as ear. Positive when needed, clarity when asked. Imelda's professionalism and experience provided great value and insight, when a smooth situation became more challenging. Imelda has experience that was significan to me, I don't think I would've done this without you. Thank you.”
EXP realty
“Happy to find an agent who was familiar with multi-family across the nation for my purchase.”
Keller Williams Realty Greater Rochester
“Kevin was very professional and knowledged. He assisted me so much throughout this stressful buying process and worked in any way possible to decrease the load on my shoulders. I would recommend Kevin to my family and friends.”
eXp Realty
“On a whim, I used Agent Pronto, as I was in the market to sell my current apartment. I was connected with Joana Chu, a highly recommended realtor and it turned out to be one of the best decisions I have made.”
Home Court Real Estate LLC
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Summit. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Summit Realtor® or real estate agent today.