Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos May – Aug 2016

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos May – August 2016

By Terry and Bonnie Westbrook

 

Quick Snapshot of Quail Crest Condos Real Estate Activity

May 1 through August 31, 2016

QuailCrestCondosSign.jpg

 

Active Listings     0          

Pending Sales      2

Sold Properties   2        $210,000 to $319,000

Avg. Sale Price:             $241,538 

 

Quail Crest Condos are selling this Spring & Summer,

no new listings in this neighborhood as we go to press.  With

2 Sold and 2 Pending sales, the market is brisk.  If you are

looking for an existing or new condo in the Forest Hills area,

give Terry a call.  There are a few new condos being built but the

inventory is not keeping up with demand.

 

 

Quail Crest is located at the corner of Burton St and Spaulding

Avenue, near Watermark Golf Course, close to 28th St shopping and the

new SE YMCA complex that just opened this Spring is a few blocks away.

 

Stand alone, 2 unit, and multiple unit condos are all part

of Quail Crest living.  New construction appears to be built out

or in the building process.

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

 

If you are interested in a Forest Hills Condo home, give Terry

a call for up-to-date information on this changing market.

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012  ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry616-292-7263

OUR FLICKR PHOTO-STREAM

 Copyright 2015 All Rights Reserved

Forest Hills MI Neighborhood Real Estate Report – Clements Mill May – July 2016

Forest Hills MI Neighborhood Real Estate Report – Clements Mill  May – July  2016

by Terry & Bonnie Westbrook Westbrook Realty

Fishingpond_thumb.jpg

 

 

Quick Snapshot of Clements Mill Real Estate Activity

May through July 2016

Active Listings = 3

Pending Sold Properties =  4

Sold Properties = 7               

 Average Sold Price = $ 312,000

Average Sold Price /Sq. Ft = $ 167

 

Clements Mill homes continue to be a hot market area

in Forest Hills.  The average sold price and the average

sold price per square foot have both dropped since the

first of the year.  Two of the seven sold homes are condos, which

are in the $200,000 price range, rather than the $300,00 range

seen in Clements Mill larger homes.

 

Buyers are paying more for move-in ready condition,

so be aware if you are thinking of selling your home soon.  

Updated kitchens and baths continue to be the hot buttons

that will make your home more appealing.  We have a few

more months before winter’s chill cools down the real estate

market here in Michigan, enough time to relocate into the

home or neighborhood of your dreams.

 

If you would like more information about a Clement Mills

home listing, or would like to sell your Clements Mills home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

Clements Mill Video Tour

Ada Michigan Photo Set

Ada Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013  ar125812225271331 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013

Westbrook Realty Grand Rapids MI Real Estate

   Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

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

_____________________________________________________________________________

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!

Forest Hills Michigan Neighborhood Real Estate Report Watermark Residences January – May 2016

Forest Hills Michigan Neighborhood Real Estate Report

Watermark Residences January – May 2016

by Terry and Bonnie Westbrook

 

Quick Snapshot of Watermark Residences Real Estate Activity

January 1 through May 23, 2016

 

Cascade Township MI Neighborhood Real Estate Report

IMG_0955

Active Listings  2   

 

Sales Pending = 1

Sold Properties = 7

Average sold price  $ 506,812

 

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for less than they

were a year ago, about a 10% drop in average price.

This could be due to condition and age, as some

of the properties are probably due for updates

 

Current home inventory is small, but sold

properties are above average for this Spring market.

Golf course homes are considered a desirable place

to live and appeal to both local and transfer buyers.

 

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

 

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

 

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

 

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

 

 

SEARCH FOR FOREST HILLS HOMES

Copyright 2016 All rights reserved.

____________________________________________

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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan – April 2016

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan-April 2016

By Terry and Bonnie Westbrook

 

Quick Snapshot of Quail Crest Condos Real Estate Activity

January 1 through April 30, 2016

QuailCrestCondosSign.jpg

 

Active Listings     0          

Pending Sales      2

Sold Properties   3        $210,000 to $251,000

Avg. Sale Price:             $226,229 

 

Quail Crest Condos are a desirable housing in 

the Forest Hills Area.  Condos are scarce here and this

subdivision offers older and newer construction.

New stand alone condo construction is almost if not

built out.  Demand from buyers is strong but this

doesn’t mean you can get top dollar for an outdated

condo here.  Statistics tell us you can expect to get ten

to twenty per cent less than homes in move in condition.

 

Quail Crest is located at the corner of Burton St and Spaulding

Avenue, near Watermark Golf Course, close to 28th St shopping and the

new SE YMCA complex that just opened this Spring.

 

Stand alone, 2 unit, and multiple unit condos are all part

of Quail Crest living.  New construction appears to be built out

or in the building process.

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

 

If you are interested in a Forest Hills Condo home, give Terry

a call for up-to-date information on this changing market.

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012  ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry616-292-7263

OUR FLICKR PHOTO-STREAM

 Copyright 2015 All Rights Reserved

Forest Hills MI Neighborhood Real Estate Report – Clements Mill Jan-April 2016

Forest Hills MI Neighborhood Real Estate Report – Clements Mill Jan – April 2016

by Terry & Bonnie Westbrook

 

P1110664

 

Quick Snapshot of Clements Mill Real Estate Activity

January through April  2016

Active Listings = 2

Pending Sold Properties =  3

Sold Properties = 5                

 Average Sold Price = $ 344,000

Average Sold Price /Sq. Ft = $ 190

 

Clements Mill homes continue to be a desirable place to live.

New construction condo listings are selling quickly, a rapid turn-over is

almost guaranteed in this Forest Hills neighborhood.

Demand is greater than the supply, at least for the Spring, Summer

selling season.

 

The average sold price is up almost 17 % from 2015 stats

last year at the same time.  Condition of a home stills plays a

factor in whether a sale is fast or slow, and getting top dollar in per

square foot pricing.

 

 

If you would like more information about a Clement Mills

home listing, or would like to sell your Clements Mills home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

Clements Mill Video Tour

Ada Michigan Photo Set

Ada Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013  ar125812225271331 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013

Westbrook Realty Grand Rapids MI Real Estate

   Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills MI Real Estate Market Report September – February 2016

Forest Hills Michigan Real Estate Market Report

September – February 2016

 Golf course home

by Terry and Bonnie Westbrook

2016 Real Estate Market Activity Forest Hills

Sept. 2015 – Feb. 2016

Active Listings = 148      From $ 50,000 to $ 2,600,000

Pending Listings – 126

Sold Homes = 418

Average Sold price:  $50,000 – 239,000 = $185,000

Average Sold price:  $240,000 – 350,000 = $228,619

Average Sold price:  $351,000 – $3,000,000 =$ 485,000

 

Forest Hills home prices are on the rise, but not the 

home inventory.  Twenty percent fewer homes are on the

market this year compared to last year, which affects sold

figures and comparables.

 

 Especially in the lower price ranges, finding an updated, 

attractive  house to buy under $200,000 is very

competitive, and under $100,00 is very rare in 2016.

 

 Be prepared for competitive bidding if you are a

lower price bracket home hunter.  Be ready for extensive

home remodeling and updates, or learn to love vintage.

The inventory of older homes far outweighs new

construction available in Forest Hills.

 

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

A Grand Rapids suburban community that has wonderful neighborhoods,

some new, some 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

_____________________________________________________________________________

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!

Forest Hills MI Real Estate Market Report January – July 2015

Forest Hills Michigan Real Estate Market Report Jan – July 2015

by Terry Bonnie Westbrook

 

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

This local real estate market is always active. A Grand Rapids suburban

community that has wonderful neighborhoods, some new, some older.

It boasts Top Ranked Forest Hills Public Schools, private schools, and

a suburban life style that attracts many home owners.

 

Forest Hills home

 

 

2015 Real Estate Market Activity January – July

 

Active Listings = 254

From $ 66,500 to $ 2,600,000

Median List Price: $ 399,900

 

Sold Homes = 546

Median Sold price – $319,900

 

Forest Hills home prices are on the rise, as are the 

number of sales for 2015 compared to the last 6 months

of 2014, with a 16% rise in sold homes.  Especially in the

lower price ranges, finding a good house to buy under

$300,000 is getting difficult, under $100,00 is almost

impossible.  Be prepared for competitive bidding if

you are a lower price bracket home hunter.  Or be ready

for extensive home remodeling and updates.

The inventory of older homes far outweighs new

construction, only 33 of the 254 homes available

in Forest Hills are new homes.

 

If your home needs updates or repairs, do not expect 

competitive bidding, unless bargain priced.  The home will eventually

sell, but not at the full market price it would get if updates were

already done.   For many home sellers, this is not an option,

so home bargains are out there. Be prepared,  not only will you

be putting in sweat equity, but they may not be financeable

through all lenders.

 

Call Terry if you are interested in buying or selling a Forest Hills home.

He has over 40 years of experience in selling and buying West Michigan

and Forest Hills homes.  If you are a seller, he can provide valued advice

on what to update and what not to update to get your home sold quickly.

 

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 2015 All rights reserved

_____________________________________________________________________________

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!

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan – July 2015

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan-July 2015

By Terry and Bonnie Westbrook

 

Snapshot of Quail Crest Condos Real Estate Activity

January 1 through July 30, 2015

 

IMG_0977

Active Listings     3           $ 269,000 to 462,900

Pending Sales      1

Sold Properties   4        $196,000 to $285,000

Avg. Sale Price/Sq. Ft. = $100.00

Avg. Sale Price:          $256,263 

 

Quail Crest has seen good activity this year, a big increase

from last year.  New construction is underway and demand

seems to be stable.  The higher prices reflect the new stand

alone condos being developed in this neighborhood.

 

Quail Crest is located at the corner of Burton St and Spaulding

Avenue, near Watermark Golf Course, close to 28th St shopping and the

new SE YMCA complex under construction.

 

Stand alone, 2 unit, and multiple unit condos are all part

of Quail Crest living.  New construction is all single unit condos

and there are a few lots left to build.

 

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

 

If you are interested in a Forest Hills Condo home, give Terry

a call for up-to-date information on this changing market.

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012  ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry616-292-7263

OUR FLICKR PHOTO-STREAM

 Copyright 2015 All Rights Reserved

Forest Hills MI Neighborhood Real Estate Report – Clements Mill Jan-May 2015

Forest Hills MI Neighborhood Real Estate Report – Clements Mill Jan – May 2015

by Terry & Bonnie Westbrook

PineRidgeElementarySchool_thumb.jpg

Quick Snapshot of Clements Mill Real Estate Activity

Jan 1 through May 31, 2015

Active Listings = 0

Pending Sold Properties =  1

Sold Properties = 9                

 Average Sold Price = $ 290,833

Average Sold Price /Sq. Ft = $ 143.91

 

Clements Mill homes continue to be a desirable place to live.

New listings are selling quickly, a rapid turn-over is almost guaranteed

in this Ada Township development.  Demand is greater than the supply,

at least for now.

 

But condition will still play a large part in pricing,

average sold price is down slightly from last year.

 

If you would like more information about a Clement Mills

home listing, or would like to sell your Clements Mills home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

Clements Mill Video Tour

Ada Michigan Photo Set

Ada Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013  ar125812225271331 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013

Westbrook Realty Grand Rapids MI Real Estate

   Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM