The Montclair Area in Oakland has experienced a small drop in home sale prices when comparing the previous two years. This area had an average sales price of $789,000 so far for the first three quarters of 2010. In comparison, average sales price in Montclair in 2008 was $861,400 and in 2009, an average sales price of $805,200, compared to the average sales price of homes for the first three quarters. This represents an 8% drop in price from 2008 and only a 2% drop from sales prices in 2009. To date, there has been an average drop in price from 2005 home sales of approximately 16% in the Montclair area.
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