Record Montclair Home Prices in May
June 16, 2017Thinking of selling? Highlight Features of Your Home in Summer
July 21, 2017Sales Results Indicate Town-wide Increases in Home Values
In June there were 77 closed sales, 63 of which sold for more than asking price.
The average 9.4% premium over asking prices across all closed sales is significant and indicative of a town-wide increase in values.
Properties commanding high premiums were not confined to the usual colonials near trains, but were spread across styles (ranches and splits doing well!), locations and prices, albeit limited to under $1.35 million.
Could this momentum continue through the rest of the summer?
Do you have specific questions about selling or buying in this market?
Contact me today for more insights and to ask any questions.
Best, Rich