Is Montclair, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Montclair is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Montclair has remained a Seller's Market.

Key Takeaway

Montclair is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Montclair, CA cost?

Median Sold Price

$635,000

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$90,000(+16.5%)

Key Takeaway

Homes in Montclair have sold for 16.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $410K$425K
+3.7%
2 $435K$470K
+8.0%
3 $530K$640.4K
+20.8%
4 $570K$655K
+14.9%
5+ $725K$715K
-1.4%

Median Sold Price Compared To Nearby Cities

Upland
+16.8%
Montclair
+16.5%
Ontario
+15.3%
Pomona
+14.4%
Claremont
+13.2%

How many homes are available in Montclair, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
5958-1.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 1012
+20.0%
3 2521
-16.0%
4 2222
0.0%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
1118+63.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Montclair, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days50 Days+98.9%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Montclair has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Montclair, CA

There are 58 homes are for sale in Montclair, CA real estate market. In October 2022 in Montclair, CA there were 1.7% less homes for sale than in September 2022. While the average time on the market in October 2022 was 50 days, the median list price was $635,000. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties increased by 3.7%, 2 bedrooms properties became 8% more expensive, 3 bedrooms properties prices increased by 20.8%, the cost of 4 bedrooms properties went up by 14.9%, 5 bedrooms properties prices decreased by 1.4%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went up by 20%, number of 3 bedrooms homes decreased by 16%, 4 bedrooms homes inventory did not change, 5 bedrooms homes did not move. In October 2022 more than 5 listings in Montclair, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 10 were sold below.

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