The Montclair real estate market was well underway in April, and 83 new listings provided some relief to frustrated buyers. 63 houses went under contract last month, with a median of 23 days on market.

Many of these properties were snapped up in short order, multiple offers being common. Multiple buyers generally mean buyers presenting offers above the asking price, and often well above the asking price (as discussed in more detail below).

Listings that closed in April averaged 105% of their asking prices.

Do you have specific market questions?

Feel free to contact me directly to discuss.

Best, Rich