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Montclair & Glen Ridge September Market Report

  • Writer: Reka Kolonics
    Reka Kolonics
  • Dec 17, 2022
  • 1 min read

Updated: Jan 14, 2023

The tricky thing about real estate market reports is that they’re never really a snapshot of TODAY’S market, and more of a look back in time. Because what closed in September, was potentially listed as far back as May. So even though this month’s closings aren’t necessarily a representation of what’s going today, it can work as a good predictor for the future, provided that not much else changes, like a new pandemic or a drastic rise in interest rates. Take a look at these numbers and use them as a guide to how our local market operates. Make sure to pay attention to List Date, List to Sale Price Ratio, and DOM (days on market.)




 
 
 

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Susan Horowitz

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