Is Montclair, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Montclair was $640,000 in March 2024, up 3.2% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $458.5K | +52.8% |
2 Bedrooms | $482.5K | $505K | +4.7% |
3 Bedrooms | $620K | $635K | +2.4% |
4 Bedrooms | $655K | $670K | +2.3% |
5+ Bedrooms | $814K | $745.8K | -8.4% |
Summary: Montclair housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2.3%, 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 30 | -3.2% |
Summary: The Montclair real estate market had 30 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Montclair housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Montclair in March 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 19 Days | +5.1% |
Summary: Homes in Montclair had an average of 19 days on market in Mar 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Montclair; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.