Montclair Real Estate Market Continues Weakening in Contracts

The Montclair market saw 11 homes go under contract and failed to break out of a solid downward trend. Along with that, total home sales fell to 14 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price of all transactions in Montclair did not budge this week, remaining at $385,500. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Montclair is a still seller's market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Montclair:

$339K   $365K   $305K  

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

Demographic facts for Montclair:

  • Over the past 10 years, the population has increased 10.2%.
  • This area has a lifestyle rating of 49. (Scale: 1 = Worst, 100 = Best)
  • 75.0% of the residents commute to work alone in their car, 15.4% via carpool, and 2.9% by way of public transit.

Data reported through 1/12/2017

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KHORR Realty
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