Is Montclair, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$434/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Montclair was $640,000 in June 2024, up 3.2% from last year, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $458.5K | +52.8% |
2 Bedrooms | $460K | $510.5K | +11.0% |
3 Bedrooms | $620K | $650K | +4.8% |
4 Bedrooms | $660K | $670K | +1.5% |
5+ Bedrooms | $830K | $789.4K | -4.9% |
Summary: Montclair housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.8%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in Montclair, CA
How many homes are available in Montclair, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
36 | 40 | +11.1% |
Summary: The Montclair real estate market had 40 homes for sale in June 2024, a 11.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Montclair housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Montclair in June 2024, up by 27.3% month-over-month. Of the 14 sold homes, 7% were sold under asking, 21% were sold at asking, and 71% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
10 Days | 13 Days | +33.0% |
Summary: Homes in Montclair had an average of 13 days on market in Jun 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in Montclair; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.