Montclair January Report .pdf

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Original filename: Montclair January Report.pdf
Title: Montclair Twp
Author: 10K Research and Marketing

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Local Market Update for January 2016
Provided by New Jersey REALTORSĀ®

Montclair Twp
Essex County

Single Family

January

Key Metrics
New Listings
Closed Sales
Days on Market Until Sale
Median Sales Price*
Percent of List Price Received*
Inventory of Homes for Sale
Months Supply of Inventory

Year to Date

2015

2016

Percent Change

Thru 1-2015

Thru 1-2016

Percent Change

25

21

- 16.0%

25

21

- 16.0%

23

14

- 39.1%

23

14

- 39.1%

49

72

+ 46.9%

49

72

+ 46.9%

$675,000

$597,000

- 11.6%

$675,000

$597,000

- 11.6%

100.7%

101.5%

+ 0.8%

100.7%

101.5%

+ 0.8%

66

53

- 19.7%

--

--

--

2.3

1.7

- 26.1%

--

--

--

Townhouse-Condo

January

Key Metrics

2015

New Listings
Closed Sales
Days on Market Until Sale
Median Sales Price*
Percent of List Price Received*
Inventory of Homes for Sale
Months Supply of Inventory

2016

Year to Date
Percent Change

Thru 1-2015

8

- 20.0%

10

8

- 20.0%

8

10

+ 25.0%

8

10

+ 25.0%

57

49

- 14.0%

57

49

- 14.0%

$232,000

$285,000

+ 22.8%

$232,000

$285,000

+ 22.8%

106.5%

104.4%

- 2.0%

106.5%

104.4%

- 2.0%

50

29

- 42.0%

--

--

--

6.5

2.7

- 58.5%

--

--

--

January

New Listings
Closed Sales
Days on Market Until Sale
Median Sales Price*
Percent of List Price Received*
Inventory of Homes for Sale
Months Supply of Inventory

Percent Change

10

Adult Community
Key Metrics

Thru 1-2016

Year to Date

2015

2016

Percent Change

Thru 1-2015

Thru 1-2016

Percent Change

0

0

--

0

0

--

0

0

--

0

0

--

0

0

--

0

0

--

$0

$0

--

$0

$0

--

0.0%

0.0%

--

0.0%

0.0%

--

0

0

--

--

--

--

0.0

0.0

--

--

--

--

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Historical Median Sales Price by Property Type
Single Family

Townhouse-Condo

By Month

Adult Community

$1,000,000

$800,000

$600,000

$400,000

$200,000

$0
1-2010

1-2011

1-2012

1-2013

1-2014

1-2015

1-2016

Current as of February 08, 2016. All data from the multiple listing services in the state of New Jersey. Powered by ShowingTime 10KĀ®.


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