Is Montclair, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Montclair has remained a Seller's Market.
Housing Prices in Montclair, CA
How much do homes in Montclair, CA cost?
Median Sold Price
$640,000
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Montclair was $640,000 in April 2024, up 3.2% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $458.5K | +52.8% |
2 Bedrooms | $482.5K | $506K | +4.9% |
3 Bedrooms | $620K | $640K | +3.2% |
4 Bedrooms | $652.5K | $675K | +3.4% |
5+ Bedrooms | $814K | $745.8K | -8.4% |
Summary: Montclair housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 8.4%.
Housing Supply in Montclair, CA
How many homes are available in Montclair, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Summary: The Montclair real estate market had 31 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Montclair housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Montclair in April 2024, up by 75.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Montclair, CA
How long does it take to sell a home in Montclair, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 18 Days | -55.3% |
Summary: Homes in Montclair had an average of 18 days on market in Apr 2024, down by 55.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Montclair; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.