Montclair NJ Real Estate Market News & Information
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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 […]
December 17, 2015
On behalf on Stanton Company, I would like to wish you a healthy and happy holiday season. We are grateful for our wonderful clients, colleagues and friends. Without you, we could not be where we are today. I hope your 2016 is […]
December 16, 2015
Sunlight streams through the oversized windows in this chic, tastefully renovated 2 level apartment located 1 block from commuter train. 12 ft ceilings, wood floors and shiny new kitchen and bath as well as walk-in closet and washer/dryer hook-up make it easy […]
December 15, 2015
Good weather helped push back the Fall selling season of Montclair houses, as evidenced by 30 units new to market in November, versus 20 last year. The jump in inventory in the early part of the month brought out buyers, with […]
November 18, 2015
Above is a chart showing metrics we use to gauge the state of the markets. Several conclusions can be drawn from this. One interesting point that this data shows us is that Montclair and Glen Ridge seem to have the […]
November 16, 2015
Buyer traffic was strong in October, and our open houses were busy, but low inventory lead to non committal behavior. Buyers often second guess their purchases when there aren’t enough homes for comparison shopping. That’s not to say houses didn’t […]
November 12, 2015
628 Highland Avenue, Little Falls Great Notch-Spectacular Mid Century Home by architect Eleanore Pettersen, apprentice to Frank Lloyd Wright, and meticulously renovated by R.S. Jacobs, AIA. It sits on 3/4+ acre that includes a 2nd potential buildable lot. Other details […]
October 29, 2015
As summer weather and school holidays pushed the season back, September was a quieter month than expected as only 54 new listings hit the market versus 60 last year and 73 in 2013. There were 131 units for sale at […]
October 23, 2015
29 Greenview Way, Upper Montclair $1,175,000 Gracious 6BR Colonial with direct access to Yantacaw Park. NYC bus a block away and 1 mile to Upper Montclair village. A home for all seasons! Elegant brick & frame center hall Colonial on […]
September 17, 2015
August was a busy month for closings while buyers and sellers took a break from the market. 65 houses closed in August averaging 103% of asking price. Only 19 homes came to market as many would-be sellers held off, […]