The Montclair real estate market remained highly competitive in November 2025, with strong pricing performance, fast sales, and limited housing inventory, according to GSMLS data. Homes continued to sell well above asking price, supported by steady buyer demand and constrained supply.

November activity in Montclair reflected ongoing market strength, particularly in pricing and absorption rates.
Montclair Real Estate Statistics (GSMLS – November 2025):

• Average Sales Price: $1,488,812
• Average Sale Price to List Price Ratio: 120.5%
• Active Listings: 20
• Average Days on Market: 15

Homes sold for an average of 20.5% above list price, indicating continued competition among buyers. With only 20 active listings available township-wide, inventory remained limited, contributing to quick sales timelines.

An average 15 days on market highlights how quickly homes moved from listing to contract during the month.

Year-to-date GSMLS data confirms that November’s performance aligns with broader 2025 trends.
Montclair Market Trends – Year to Date as per the GSMLS:

• Average Sales Price (YTD): $1,406,922
• Months of Supply: 1.2

1.2-month supply of homes signals a strong seller-leaning market, where buyer demand continues to exceed available inventory. This level of supply historically supports sustained pricing strength and competitive market conditions.

Key Takeaways for the Montclair NJ Housing Market

• Home prices in Montclair remained elevated through November 2025.
• Limited inventory continued to drive competition among buyers.
• Homes sold quickly, often above asking price.
• Year-to-date pricing remained strong with low months of supply.

Looking Ahead: What to Expect in Montclair in Late 2025 & Early 2026

Based on current GSMLS trends, Montclair is expected to enter 2026 with continued momentum shaped by supply constraints and sustained buyer interest.

Market conditions heading into 2026 are likely to include:

• Inventory remaining limited, keeping competition elevated
• Motivated buyers staying active through the holiday season
• Increased demand returning in late January, as early-year buyers re-enter the market

With months of supply at just 1.2, Montclair continues to operate in a market where preparation, pricing accuracy, and timing matter. Sellers considering a 2026 move may benefit from planning ahead now, while buyers should be positioned to act quickly as new listings emerge early in the year.

What This Means for Buyers and Sellers in 2026

As Montclair moves into the new year, market conditions suggest:

• Sellers who prepare early may be well-positioned in a low-inventory environment
• Buyers who strategize in advance will be better equipped for competitive scenarios
• Both sides benefit from local expertise and data-driven decision making

Understanding current market data — and how it informs early-2026 trends — is key to navigating the Montclair real estate market successfully.
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Clare Morcella | Morcella Homes
Montclair, NJ

201-245-3633

Montclair & Northern NJ Real Estate Advisor