$10,000 Closing Credit*
$1,699,000
3,882 SqFt
6 Beds
•5 Full Baths, 2 Partial
Listing Office: SIGNATURE REALTY NJ
Is Mountainside, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mountainside has remained a Seller's Market.
Key Takeaway
Mountainside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mountainside, NJ
How much do homes in Mountainside, NJ cost?
Median Sold Price
$884,500
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,500(+3.6%)
Key Takeaway
Homes in Mountainside have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Mountainside was $884,500 in November 2024, up 3.6% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $670K | $663.7K | -0.9% |
| 3 Bedrooms | $750K | $822.5K | +9.7% |
| 4 Bedrooms | $907.5K | $930K | +2.5% |
| 5+ Bedrooms | $1.0M | $990K | -2.9% |
Summary: Mountainside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
| Springfield | $560K | $675K | +20.5% |
| Springfield Township | $562.5K | $672.5K | +19.6% |
| Westfield | $1.0M | $1.1M | +12.2% |
| Summit | $1.1M | $1.2M | +12.2% |
| Mountainside | $854K | $884.5K | +3.6% |
Housing Supply in Mountainside, NJ
How many homes are available in Mountainside, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Mountainside real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Mountainside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mountainside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mountainside in November 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Mountainside, NJ
We’re sorry, we don't have information for this market at the moment