Wade Carl Sorenson (trustee) and Jennifer Lindsay Nissenbaum (trustee) acquire 1397 Sumac Circle, Silver Summit, appraised at $1.12 million

The home at 1397 Sumac Circle, Silver Summit, was sold on June 26 by Stephen Jackson and Emily N. Owen for $1.12 million.

Wade Carl Sorenson (trustee) and Jennifer Lindsay Nissenbaum (trustee) were listed as the buyers.

Property taxes on the home totaled $3,798 in 2023, or 0.3% of the sale price.

This property is one of 28 sales in Silver Summit, Summit County, between May 26 and June 26.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.