Montclair NJ Real Estate Market News & Information

Selling prices continue to exceed asking prices. Also - What effect will Ida have on Essex County real estate?

The average price of homes sold in Montclair during the month dipped slightly below $1 million after breaking that mark in May and June.

Average Montclair home sale price grows as new listings in Q2 couldn’t keep pace with continued demand in the local markets.

The average sale price in Montclair home broke the $1 million dollar mark for the first time ever in May. Find out more.

Low inventory and higher housing prices have been, in part, driven by low interest rates. Find out more.

Housing Activity around Montclair, NJ - As vaccinations numbers jump, more potential sellers should enter the market. Find out more

Housing Activity around Montclair, NJ - As vaccinations numbers jump, more potential sellers should enter the market. Find out more

With Spring just around the corner, there is some telling data from the shortest month of the year. The information really highlights the struggle buyers are having in the market.

The January local housing market demand was strong, evidenced by average sales prices exceeding original ask by 12%. Find out more details.

The 2020 real estate market came roaring back in the Montclair area after the covid shutdown in the early part of the year. Find out more.

There is a market with potential activity every month during the year, not just in the traditional Spring and Fall seasons.

Local home sellers were the big winners in October as three sales records were set in October, including days on market, sale price vs list, and median sale price.