Forest Hills MI Real Estate Market Report March – May 2016

Forest Hills Michigan Real Estate Market Report

March – May 2016

Forest Hills home

by Terry and Bonnie Westbrook

2016 Real Estate Market Activity Forest Hills

March 1, 2016 – May 31, 2016

 REDO

Active Listings = 199      From $ 99,900 to $ 2,450,000

Pending Listings – 131

Sold Homes = 206       From $50,000 to $1,450,000

 

Forest Hills homes are selling quickly, 

but the quantity of new homes entering the

market is way below our normal.

For the past quarter, we have 337 homes sold

and only 199 listings.  Sold homes are half the

total of six months ago.

 

 

Finding a Forest Hills home under $250,00

with updates is getting very difficult, under $100K

is almost impossible, very slim pickings and you

can bet condition is a key factor.  Be ready for

major remodeling projects, which prices a large

portion of  buyers out of the competition.

 

 

Forest Hills is a public school district in Ada – Cascade Michigan.

A Greater Grand Rapids suburban community that has wonderful neighborhoods,

some new, most are older.  It boasts Top Ranked Forest Hills Public Schools,

private schools, and a suburban life style that attracts many home owners.

 

Call Terry about buying or selling a Forest Hills home.

If you are a seller, he can provide valued advice on what

updates pay off and which don’t.   616-292-7263

 

SEARCH FOREST HILLS HOMES

 

Additional Forest Hills Articles:

Forest Hills Real Estate Market Reports

Forest Hills District Ranks Top in State

Forest Hills District Posts MEAP Scores

 

If you would like specific information about an Ada, Cascade or

Forest Hills MI Home, please contact me directly.

Copyright 2016 All rights reserved

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The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. We believe: Grand Rapids is a Great Place to Live!

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