The Montclair Real Estate Market is in Full Swing for Spring.

Multiple offers are common in the $400k to $700K price range.

In fact, we are seeing some houses going for well over asking price.

New listings have provided some welcome relief for buyers, but demand continues to outstrip supply. The average sale price in March is 6% over the average asking price for homes closed during that month.

84 new listings contributed to 171 active listings in March,which is up from 146 last year and 126 in February. Buyers responded with 68 contracts.

We look forward to more listings as April and May typically have the highest inventory of the year.

Want to get a jump start on new inventory hitting the market?

Contact me to set up a profile of what you are looking for, and I will let you know as soon as a match hits the market.

Best, Rich