UPDATE: Montclair’s real estate market is buzzing with activity as 20 homes sold from September 1 to September 7, 2023. This surge in transactions highlights a vibrant housing landscape, making now a critical time for buyers and sellers in the area.
The most notable sale this week was a stunning 2,688-square-foot home on Berkeley Place, which fetched an impressive $1,220,000. This transaction sets a significant benchmark for the Montclair area, reflecting the escalating demand for spacious homes in desirable neighborhoods.
Here’s a quick overview of the recent transactions:
– **5 Roosevelt Place**: Sold for $376,000
– **35 McCosh Road**: Sold for $650,000 (1,932 sq. ft., $336/sq. ft.)
– **41 Forest Street**: Sold for $899,200 (1,938 sq. ft., $464/sq. ft.)
– **38 Willowdale Ave**: Sold for $925,000 (1,452 sq. ft., $637/sq. ft.)
– **50 Maple Ave**: Sold for $940,000 (1,132 sq. ft., $830/sq. ft.)
– **449 Valley Road**: Sold for $940,000 (2,249 sq. ft., $418/sq. ft.)
– **66 S. Fullerton Ave**: Sold for $999,999 (2,726 sq. ft., $367/sq. ft.)
– **7 Berkeley Place**: Sold for $1,220,000 (2,688 sq. ft., $454/sq. ft.)
– **125 Bellevue Ave**: Sold for $1,800,000 (4,276 sq. ft., $421/sq. ft.)
– **19 Brunswick Road**: Sold for $2,360,000 (3,766 sq. ft., $627/sq. ft.)
– **16 Erwin Park**: Sold for $3,750,000 (4,684 sq. ft., $801/sq. ft.)
As these homes change hands, the median price for the area reflects the competitive market dynamics, indicating that Montclair continues to attract families and investors alike. The data comes from United Robots, which employs machine learning to analyze real estate transactions.
With the housing market in Montclair heating up, potential buyers are urged to act quickly. The increased activity signals a strong economy and a growing interest in suburban living, especially as remote work becomes more entrenched.
Stay tuned for more updates as the Montclair real estate scene evolves. With more properties hitting the market, now is the time to explore opportunities. Whether you are looking to buy or sell, the next week could bring even more significant developments in this thriving community.
