Montclair NJ Real Estate Market News & Information
Email us directly to find more about topics that interest you and Montclair NJ real estate for sale.
September 9, 2015
Would you like to quickly and easily get an initial idea of what your home is worth? Check out that new feature on our new web site, Free Home Valuations! Just click this link and fill out the short form. We […]
August 18, 2015
Dear Friends, July was a busy month for closings, as usual, with 67 homes sold at a median price of $639,000. Strong spring buyer demand was reflected in sales averaging 6% over ask among July closings. July and August are […]
July 16, 2015
Do These Things Now! There are several things that a homeowner can do well in advance to help a sale go smoothly and for the best return. Make a declutter schedule – Set up a calendar for donations, bulky waste, hazardous […]
July 12, 2015
2014 & 2015 seasonal trends in inventory, new listings and contracts. 65 closings took place in June and, notably, the median sales price was $750k, the highest in 5 years. There was quite a bit more activity in the $1 […]
June 11, 2015
Given the numerous inquiries I have had about sales prices vs. assessments, here are the answers to a few of the most frequently asked questions. > Does an assessment go up based on sales price?
No, assessments change as a […]
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 […]