Montclair NJ Real Estate Market News & Information
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June 9, 2015
Dear Friends, The Spring real estate market continued to be busy in May as more houses came on the market to meet buyer demand. Inventory grew in May as 83 houses came to market, vs 83 this past April, and […]
May 19, 2015
Above are some listings that closed for well above asking price in the past few months. How much is this data the result of underpricing versus overpaying? Some combination thereof, but it’s hard to quantify. 153 Union is back on […]
May 15, 2015
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 […]
April 12, 2015
Are you looking for available properties? Try the new Property Map Search function in the Properties section of this site, and get a bird’s eye view of the property market in one easy to use interface. You can; – quickly get a feel […]
April 9, 2015
The most recent market data indicate a continued seller’s market throughout most of Essex County. Inventory remains low in Glen Ridge, Maplewood, Millburn and South Orange, while West Orange and Nutley have more opportunities for buyers. What do all […]
March 24, 2015
Call us today for more on the following topics; > Buyers – We have helped our customers win bidding wars this Spring, and not always by offering the highest price. Ask us about strategy. – Let us advise you on the best first […]
March 20, 2015
The Spring market is quite active after a cold and snowy February. Despite the weather, 52 new listings came on February to boost inventory to 130 homes at month’s end, versus 132 homes last year. Although inventory is still tight, buyers […]
February 11, 2015
What’s in store for 2015? Unless we get a flood of listings, we will see a continued lack of inventory. Our buyer and renter traffic will continue to come from Brooklyn, Manhattan, Jersey City and Hoboken where prices remain prohibitive […]
February 10, 2015
2015 started off well with some interesting new listings, but lost steam by month-end with the snowy weather. 32 properties came on the market which offered buyers some fresh choices while total inventory remained low at 95 properties for sale […]
February 9, 2015
Dear Friends, I am pleased to announce this, our new web site at StantonRealtors.com! This new site has been in the works for a while, using a lot of the feedback we have gotten over the years. We are confident […]
January 16, 2015
Absorption is a general barometer of how fast new listings are sold. For example, in Montclair, for every house that went under contract, 1.32 that came on the market. (That may not equate to growth of inventory as some listings […]
January 14, 2015
Happy new year! To start off the year here is a quick end of year real estate market rundown. December saw little new activity with only 13 new listings, while 31 deals signed in the fall closed before year end. […]