$10,000 Closing Credit*
$1,199,000
4 Beds
•3 Full Baths, 1 Partial
Listing Office: CHRISTIE'S INT. REAL ESTATE GROUP
Is Mountainside, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$894,000
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,000(+5.2%)
Key Takeaway
Homes in Mountainside have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Mountainside was $894,000 in October 2024, up 5.2% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650K | $708.7K | +9.0% |
| 3 Bedrooms | $701K | $825K | +17.7% |
| 4 Bedrooms | $897.5K | $936K | +4.3% |
| 5+ Bedrooms | $1.2M | $990K | -21.0% |
Summary: Mountainside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 21%.
Median Sold Price Compared To Nearby Cities
| Springfield | $550K | $660K | +20.0% |
| Springfield Township | $550K | $656.2K | +19.3% |
| Westfield | $997.9K | $1.1M | +17.7% |
| Summit | $1.1M | $1.2M | +12.2% |
| Mountainside | $850K | $894K | +5.2% |
Housing Supply in Mountainside, NJ
How many homes are available in Mountainside, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Mountainside real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Mountainside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 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 October 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
