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Market Trend Update for Montclair Neighborhood

This quarter, the Montclair neighborhood is currently showcasing 16 active listings with the average price of $825,425. Listings under contract had an average of $446,561 for the 13 recorded. 83 homes were sold with the average sold price of $471,275 and the average time on the market for sold listings was 21 days.

While the average asking price for Montclair homes for sale was $470,524, the average discount recorded of sold listings was 0.50%. In 2014 the price trend for homes averaged about $450,000 and past years degraded from that amount down to $300,000 in 2011. The price of homes in this area is still on the rise - contact the experts at Elevation Realty to learn more about the homes for sale in Montclair.