Montclair NJ Real Estate Market News & Information
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June 13, 2016
We are proud to announce a new Montclair Homes listing, a stately Neo-Classical Revival located in the Estate Section designed in 1902 by renowned architect Dudley Van Antwerp. The elegance and craftsmanship of the Golden Age of architecture has been […]
May 11, 2016
Use a local agent to give yourself the best shot at buying or selling a home in this area. This area used to be serviced exclusively by local agents, but we have seen an increase in agents from well outside […]
May 9, 2016
Dear Friends, The Montclair NJ real estate market continues to roar through the Spring, as do Maplewood and Glen Ridge. Inventory Short of Last Year’s Levels – Inventory popped in April with 70 new listings coming on the market. However, […]
April 13, 2016
Activity in the Montclair real estate market has been strong so far this season, and there are good conclusions for buyers and sellers to draw from the data. There were 133 homes for sale at the end of March versus 173 […]
April 12, 2016
Here is a beautiful property in the Afterglow Section of Verona. Highlights – Oversized living room with fireplace and formal dining room, both with French doors that lead to slate patio. – Renovated open concept eat-in kitchen features radiant floors, center island […]
March 21, 2016
Following these home buying tips will help you put yourself in the best position to have your bid accepted. 1. Get your financing updated and sharp. – Most importantly, get pre-approved, not prequalified, so you have a real loan commitment […]
March 17, 2016
February activity pointed to a seller’s market shaping up for Spring 2016. Inventory grew, especially toward the end of the month, but not enough to satisfy buyer demand. 47 new listings came to market versus 52 in February last year, […]
February 23, 2016
A virtual tour can help bring the sales listing of a home to life. Check out the 3D imaging technology that we have adopted for virtual tours of our listings. It is the best way we have seen to experience a […]
February 17, 2016
2016 Montclair Homes Forecast Following up our piece about 2015 last month, we go into 2016 and see that the year has begun with a pool of buyers chasing a limited number of homes. When will buyers see more inventory […]
February 11, 2016
2016 demand for homes in Montclair is off to a strong start. Inventory remained low in January with 27 new listings contributing to only 95 homes on the market at month’s end, versus 111 at the same time last year. […]
January 14, 2016
Buyer activity for Montclair Real Estate was consistently strong over 2015. The average days on market diminished to 41 from 50 last year, 56 in 2013, 77 in 2012, and 83 in 2011. Clearly, buyers are committing to properties faster as […]
January 11, 2016
New listing activity of Montclair homes was slow in December, as expected, with only 13 houses coming on the market, but closings were active for homes that went under contract in the fall. 38 houses closed in December, up slightly […]