Friday, November 07, 2008
Montclair Makes Forbes Latest Top 10
It may not be a boom, but, given regional problems, it's a good market to be in. Montclair joins Berkeley; Bedford, Texas, and Kennesaw, Ga. on their list of suburbs with the best conditions for sellers. Among the highest in median sales prices at $672,000, Montclair also has the lowest percentage of price declines(27%).
Forbes looked at the suburbs in the country's 75 largest Census-defined metro areas based on the last 90 days of sales activity. Since a metro area can contain hundreds of suburbs, they narrowed it to those cities with an inventory of at least 75 homes on the market.