Forest Hills Michigan Real Estate Market Report April – July 2013

Forest Hills Michigan Real Estate Market Report April – July 2013

by Terry & Bonnie Westbrook

Forest Hills is a school district in Ada–Cascade Michigan

real estate market that is always active. This Grand Rapids suburban

community has wonderful neighborhoods, some new and some older

with Top Ranked Forest Hills Public Schools, private schools, and

a life style that attracts many home owners.

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Second Quarter 2013 Real Estate Market Activity

 

Under $250,000 Homes:

Current Listings = 85

 Pending Home Sales = 34

Sold Homes = 165

Average Sold price – $171,557     

 

$ 250,001 and Up  Homes:

Current Active Listings = 190

Pending Sold Homes =37

 Sold Homes = 172

Average Sold Price = $ 418,489

 

Home  prices are still rising in Forest Hills for the last 4 months,

and home inventory is barely keeping up with demand. Home sales have

almost doubled in both lower and higher priced categories in Forest Hills this

past quarter, compared to first quarter sales.

 

Good news for Forest Hills home sellers and even though prices are rising,

interest rates are still low for buyers.  If you have been waiting for prices to

get back on the upswing, now is the right time to get your home on the market.

 

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.

 

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 2013  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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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