Montclair Real Estate Report | Sept 1 – Sept 30
Once a month, I take a full drive around Montclair to see what is going on in the real estate world. Any new and exciting homes hit the market? FSBO’s I can solicite? Foot traffic? As I filled up my cup of coffee at Starbucks at the Siena, I took a stroll through S. Park [...]
Montclair Real Estate Report – August 2011
The housing market in Montclair continues to heat up as the summer is coming to an end. July turned out to be very active with 45 closed sales according to the Garden State MLS. What is eearily similar is that the trend of sales is the same over the last 3 years, which historically always [...]
Montclair Real Estate Report – May 2011
The NY Metro Suburb of Montclair had a great sales month in May for Single Family Homes, however inventory remains slightly high. What stuck out to me most this year, however is the trend of sales from 2009 (shown in line graph below). Beginning in the Spring season, which is typically March, sales begin to [...]
Montclair NJ Real Estate Report | March 2011
April 11, 2011 by admin
Filed under Essex, NJ Suburbs
A very slow month in sales volume for Montclair. March sales are likely indicative of the December / January weather that kept many potential buyers indoors. Record cold and tons of snow dampened the housing market. So there is no way to sugarcoat it, Montclair simply had a terrible month in March! Spring buying season [...]
Nutley NJ Real Estate Report | November 2010
November sales volume was decent in Nutley. November sales were above average for the year, but short of the 2009 average. Inventory is pretty high and we would like to sales the sales volume increase by about 50% before praising any type of recovery. The median sales price is down this year by 5% compared [...]
Glen Ridge Real Estate News & Reports | November 2010
Glen Ridge is characterized as a high end residentail community, located 15 miles from New York City, convenient to all public transportation such as bus and train lines, and is landscaped by one of the only illuminated gas lamp tree lined streets in the country. With only 7,700 residents, the small town of Glen Ridge [...]
Montclair Real Estate Report | NJ Short Sales Process
MONTCLAIR SHORT SALE PROCESS SIDENOTE: If you are looking to short sale your home in Montclair, speak to one of our experts about the entire process. You will be required to use a realtor and we would value an opportunity to offer an interview to lay our our successes, references, and strategies. Watch a video [...]
Montclair October 2010 Housing Report
Montclair had a terrible month for sales volume. October sold less homes than any other month this year except February when there were only 7 total sales. The average amount of sales per month in Montclair this year has averaged 25. During October, only 12 sold. The positive to come out of this is that [...]
Montclair NJ September 2010 Real Estate Report
Wow.. Tough month for Montclair NJ real estate. Sales volume AND average sales price were down quite a bit from the previous month. What is evidentally clear is that you can buy a lot more house for your money these days. The average price per square foot is down almost 12% since its peak, so [...]
Nutley NJ August 2010 Real Estate Report
September 21, 2010 by admin
Filed under Essex, NJ Suburbs
There are a few things that remain to be seen in the Nutley NJ real estate market. First, inventory is high and sales aren’t doing anything to really bring that inventory number down. It is truely a buyers market out there unless you sellers really look at the availability out there and price aggressively. The [...]
