Price Cuts Bottom in Montclare Real Estate Market

The Montclare market is starting to tighten. While sales came in at 13 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 11 reported this week. When comparing other close-by neighborhoods within the same period, the most came from the Austin neighborhood with 95 price reductions. The median sales price of all transactions in Montclare did not budge this week, remaining at $205,000. With only three months of inventory to sell and a downward trend in price reductions numbers, Montclare is a seller's market.

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$399K   $399K   $199K  

Get started right now by checking out Montclare homes for sale or reviewing Montclare real estate trends.

Demographic facts for Montclare:

  • The affordability rating here is 47. (Scale: 1 = Worst, 100 = Best)
  • The area gets 32.0 inches of rain a year. (U.S. average: 36.5)
  • The area's income per capita is $21,727.
  • This area has a school rating of 45. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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