March 15, 2009: Montclair Home Market Activity

Five Montclair homes were listed for sale during the week ending March 14, 2009, and 10 homes entered escrow, according to the Inland Multi-Regional Multiple Listing Service.

A total of 117 Montclair homes were listed for sale in the MLS on March 15. Included are 78 single-family homes. There were 39 condominiums, townhomes and single-family homes in homeowner associations listed for sale in Montclair on March 15; 46 homes were reported as vacant.

The MLS showed 23 foreclosed, or Real Estate Owned, homes listed in Montclair on March 15; 38 others were in pre-foreclosure - listed as "in foreclosure," Notice of Default or Short Pay/Subject to Lender. Please note: The MLS only recently required the type of sale of listed homes to be reported when a listing is entered into the system; the numbers of homes in foreclosure or having a Notice of Default - both of which likely would have short payoffs - does not included previously listed homes.

Three Montclair homes were reported as sold in the MLS in the week ending March 14, 2009.

Ila Josephs, an associate Realtor with Tarbell, Realtors, prepares weekly reports for her website, www.ilajosephs.com, surveying home market activity in the Inland Empire cities of Chino, Claremont, Fontana, La Verne, Montclair, Ontario, Pomona, Rancho Cucamonga, and Upland. For more information, call Ila at (909) 261-3541.