This chart shows Montclair market data from the first quarter of 1997 through the second quarter of 2011. As you can see, sales and selling prices are trending down. As I was writing this blog post, I got word that my favorite property from last Thursday's Broker's Tour went pending in less than a week. A cool mid century home on Saroni was built in 1950 and and renovated to tug on the heart strings of any mid-century modern purist. Click here to view the project. This home was in pristine condition, was tastefully renovated to enhance the property, (no Home Depot cookie cutter finishes here), is level and has a sunny backyard. Additionally it was priced correctly, hence it is under contract.
Click on the link to view a cool video of the Montclair district of Oakland.