Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Jan-Dec2010

 

Forest Hills Michigan Neighborhood Real Estate Market Report
Watermark Residences Jan-Dec 2010

Watermark single family homes and condos make this a very

attractive place to live. Quality built luxury executive homes, luxury

condo homes and a few townhouses have access off Cascade Road

and Spaulding Drive with a privacy gate at both entrances.  If you

live at Watermark you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills schools

and shopping areas.  Many of the homes have golf course frontage

on Watermark Country Club, a private course with a public restaurant.

ar124092290064911 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

Watermark Residences Jan-Dec 2010 Real Estate Market Report

Homes For Sale: 4

High – $655,000

Low – $344,460

Average List price – $ 452,315

Average days on the market – 217

Homes Pending: 2

Homes Sold: 9

Average Sold price – $ 379,114

High – $ 479,000

Low –  $ 235,000

Average price per sq ft – $181.76

Average days on the market –149

Average % of Sale Price to List Price – 95.52

We have a 5.5 month Absorption Rate at the Watermark Residences.

Sales are happening but prices seem to be still inching downward, especially

in the upper price brackets.  If you want to sell your Watermark home, it

must be priced right for today’s buyers.

 

mapc728a1b80a72 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

 

SEARCH for FOREST HILL HOMES

 

Additional articles you might like:

Forest Hills Michigan Real Estate

Watermark CC Golf Pro ~ Mark Wilson

Watermark Country Club ~ Pool Time

The Grille Restaurant at Watermark

 

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

1-888-240-1968 ext 0

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities,plus lively arts and entertainment of all kinds.

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

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report – Watermark Residences Nov 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010

Forest Hills Michigan Neighborhood Real Estate Market Report Tamarron Estates Jan-Dec 2010

Tamarron Estates is an upscale suburban development with large

wooded lots, walking access to Thornapple Elementary School and

the Thornapple River Backwaters.  It is located just off of

Thornapple River Drive and Cascade Road in Cascade Township.

 

The house styles vary from large, comfortable ranches, traditional

two stories, to contemporary homes.  Many of the homes were built

in the late 1970′s to the mid 1980′s, though there is a new street

that has much newer homes on acreage settings.  Some houses close

to and surrounding this development are in the upper price brackets

in the Grand Rapids real estate market.

 

Cascade Township MI Public Library

Tamarron Residential Real Estate Jan-April 2010 Market Report

 


Tamarron Active Listings: 4

Average Price – $ 305,925            

Average  Price/SqFt – $ 120.34      

Average  Days on Market – 159          

Tamarron  SOLD Listings: 7

 Average Sold Price – $ 388,986    

Average Sold Price/SqFt – $ 110.10    

Average Sold Days on Market – 193   

% Sold Price to List Price  – 92.12%

Absorption Rate = 6.9 months

MARKET SYNOPSIS: Tamarron homes are selling but not at the

prices that sellers would like to see. Today’s market is accepting

homes around $110.00/sq ft.  A Tamarron Estates home will

take longer to sell and for less than most sellers anticipate.

 

Search Forest Hills Homes

Forest Hills Michigan Real Estate Market Reports


If you have questions about the value of your Cascade or Forest Hills

Home, please contact me directly:  terry@terrywestbrook.com or

call me at 1-888-240-1968 ext 0

Photo of Swan Pair by Bonnie Westbrook

____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

ar125812212017642 Cascade Township Michigan Neighborhood Real Estate Market Report – Tammarron Estates – April 2010 ar125812218972939 Cascade Township Michigan Neighborhood Real Estate Market Report – Tammarron Estates – April 2010 ar125812225271331 Cascade Township Michigan Neighborhood Real Estate Market Report – Tammarron Estates – April 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report East-West Village Jan-Dec 2010

Forest Hills Michigan Neighborhood Real Estate Market Report East West Village Jan-Dec 2010

The East/West Village subdivision off  Ada Drive in Ada Township

is a fairly new development. The new housing construction started in 2005

and is still continuing to date. You can buy a resale home or a new home

in this centrally located housing development.  Near both public and

private schools, East Village is also close to  Forest Hills and 28th

Street shopping areas. The Ada Bike or Walking Trail also connects

this area on Ada Drive with the village of Ada, Grand Rapids, and the

village of Cascade.

East Village is also close to the I96 expressway for easy access to many

different parts of our greater Grand Rapids area.  Large, executive style

homes with many amenities and extras are the rule in this neighborhood.

If you would like to start with a brand new house in Forest Hills,

this may be the place for you to call home.

Forest_Hills_Central_High_School_ sign

Real Estate Market Report East-West Village Jan-Dec 2010

2010 For Sale: 7

East Village Homes average list price: $ 448,871

East Village average price/sq ft (main floor): $ 166.54

East Village average days on the market:177 days

Pending Sales : 0

 

Sold 2010 Homes : 7

High Price – $480K  Low Price: $345K

East Village Average SOLD Price: $ 416,857

East Village Average price/sq ft: $162.93

East Village Average SOLD days on market: 87 days

SOLD Price % of List Price: 99.15

 


Market Synopsis: East -West Village Homes are selling for a little

more in 2010 than in 2009, though it is almost 6 months to do so.

The absorption rate for East -West Village is 12 months, which means

if no new homes enter the marketplace, it will take 12 months

for the current home inventory to sell.  This is  high for the Ada–Forest

Hills area, it reflects the higher prices of the homes and is longer by half

than 2009 sell times for this subdivision.  Higher priced homes are slow

movers on today’s market.

 

 Search Forest Hills Homes

 

Additional Real Estate Articles:

Ada Michigan Real Estate

Forest Hills Michigan Real Estate

 

If you would like further information about East or West Village,

Ada, or Grand Rapids Homes, please contact me directly.

photo of Ada Bike Trail  by Bonnie Westbrook

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Market Report – East – West Village Jan–Dec 2009 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report – East – West Village Jan–Dec 2009 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report – East – West Village Jan–Dec 2009

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Real Estate Market Report Jan-Dec 2010

Forest Hills Michigan Real Estate Market Report Jan-Dec 2010

Forest Hills is actually a school district in Ada–Cascade MI real

estate market that is always active. These 2 Grand Rapids suburban

communities have wonderful neighborhoods, some new and some older

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

such as Ada Christian & St Roberts that attract  many home owners.

This report will cover the 2010 real estate market activity.

ar122417327049208 Forest Hills Michigan Real Estate Market Report Jan–Dec 2009

Forest Hills MI 2010 Market Report:

Active Listings – 403

Median Sold Price – $ 219,975

Pending – 68

Sold – 589

DOM – 64

% Sale Price to List Price – 95.38%

Absorption Rate: 7.3 Months

Please bear in mind that this report is all about averages.

It will probably take a $700K home longer to sell than one listed

at $199K.  Even though there are many multi-million dollar homes

in this district, the majority of homes are under $400K and with the

median sold price under $220K, you can see where all the activity

is centered.

The Absorption Rate at 7.3 months means that it will take about 7

months for the current inventory of homes to sell, if selling at the

current rate.  This is still a Buyer’s Market and until the shadow

inventory is dealt with, looks like it will be for quite some time. 

If you are thinking about selling your home, waiting will only

see more homes come on the market [spring season & pending

foreclosures] which will force prices further downward.  Experts tell

us that a market like we had in 2005-2006 is probably 10+ years away.

 

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 Homes, please contact me directly.

Copyright 2011  All rights reserved

Photo of Forest Hills Eastern High School by Bonnie Westbrook

_____________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

ar125812212017642 Forest Hills Michigan Real Estate Market Report Jan–Dec 2009 ar125812218972939 Forest Hills Michigan Real Estate Market Report Jan–Dec 2009 ar125812225271331 Forest Hills Michigan Real Estate Market Report Jan–Dec 2009

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Top Best Buy Homes August 2010

Forest Hills Michigan Top Best Buy Forest Hills Homes

(Ada-Cascade) to buy, based on price per square foot

for August 2010.  The homes listed below might need updating

with new carpeting, paint, and kitchen–bath redos at a

minimum to bring them to current market standards.

They might need major repair work done, such as new roofs,

new plumbing, electrical & other major mechanicals.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

meadowbrook elementary school forest hills mi

Top Best Buy Homes – Forest Hills Michigan  August 2010

25 properties

The lowest price/Sq Ft for homes range from $40.93 to $77.64

Lowest list price is $49,900

Highest list price is $265,900

August 2010 homes  Forest Hills School District:

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

The Top Forest Hills Homes to Buy by Price per Square Foot:

2674 Chatham Woods Dr $ 49,900    926 SqFt      $53.89/SqFt

2031 Rowland Ave #8 $ 69,000    1150 Sq Ft    $60.00/SqFt

3741 Burton St SE $ 69,900      984 SqFt    $71.04/SqFt

2648 Knightsbridge Rd $ 69,900     1708 Sq Ft    $40.93/SqFt

1417 Grand River Dr NE $ 75,000     1248 Sq Ft     $60.10/SqFt

6351 Wainscot Dr SE $ 75,000    1116 Sq Ft     $67.20/SqFt

6231 Acropolis Dr $79,900      1486 Sq Ft     $53.77/SqFt

3006 Chapshire Dr $79,900     1116 Sq Ft     $71.59/SqFt

6248 Lincolnshire Ct SE $ 76,900    1283 Sq Ft     $59.94/SqFt

3181 Charlevoix Dr #205  $ 80,000    1083 Sq Ft     $73.87/SqFt

6372 Wainscot Dr SE $ 84,900     1224 Sq Ft     $69.36/SqFt

6100 Cascade Rd Dr $90,000      1389 Sq Ft     $64.79/SqFt

3044 Maryland Ave NE $ 94,900      1550 Sq Ft     $61.23/SqFt

2049 Rowland Ave $ 94,900    1280 Sq Ft      $74.14/SqFt

3005 Chapshire Dr $ 95,000      1224 Sq Ft    $77.61/SqFt

3333 Park Ridge Ln NE $123,200    1600 Sq Ft   $77.00/SqFt

3795 Knapp St NE $125,000     2150 Sq Ft   $58.14/SqFt

2328 Dean Lake Ave $129,900     2757 Sq Ft   $47.12/SqFt

7569 Woodvale St $162,500     2330 Sq Ft   $69.74/SqFt

733 Crahen Ave NE $164,900    2124 SqFt    $77.64/SqFt

5015 Ada Dr SE $199,900     2700 Sq Ft    $74.04/SqFt

201 Shore Haven Dr $179,900    2375 SqFt    $75.75/Sq Ft

205 Shore Haven Dr $189,900     2672 SQ Ft   $71.07/SqFt

7382 Treeline Dr SE $ 259,900   3800 Sq Ft    $68.39/SqFt

4229 Haralson Ct SE $265,900   4664 Sq Ft     $57.01/SqFt

Prices have stabilized somewhat for now. The highest price is higher

and the lowest price is higher this month than last month.  There

are still some bargains in Forest Hills, IF you want to do some

home improvements.

WARNING: Some of these homes may be bank owned foreclosures,

short sales and not habitable as is or available for a mortgage

in present condition.

More Forest Hills Michigan Real Estate Articles 2010

Search For Forest Hills Homes

If you would like to see a particular Top Best Buys Forest Hills

Home, please contact us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

_________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

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

ar125812212017642 Grand Rapids Michigan – City of Bridges ar125812218972939 Grand Rapids Michigan – City of Bridges ar125812225271331 Grand Rapids Michigan – City of Bridges

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Grand Rapids Michigan Neighborhood Real Estate Market Report Watermark Residences Jan-Dec 2009

Grand Rapids Michigan Neighborhood Real Estate Market Report Watermark Residences Jan-Dec 2009

The Residences at Watermark are located on Watermark Golf Course just

south of Cascade Road.   Yes, I play Watermark golf course every chance

I get.  Watermark is a premier course with friendly players.

It  has an excellent grounds staff and a great pro shop staff, as well.

Watermark single family homes and condos make this a very attractive

place to live. Quality built homes with access off Cascade Road and

Spaulding Drive, you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills

schools and shopping areas.

watermark residences entrance grand rapids mi

Watermark Residences

Jan-Dec 2009 Real Estate Market Report

For Sale: 9

There are 9 active Watermark Homes currently on the market.

The median Watermark Homes current active price is $ 538,875

The average Watermark Homes current price per sq ft is $242.10

The average days on the market for active Watermark Homes is 147

The high price is $ 735,000 and the low price is $ 369,900.

Sold: 3

There have been 3 Watermark Sold Homes since Jan 1, 2009.

The average Watermark Sold Home price is $ 454,667

The average Watermark Sold Homes price per sq ft is $178.70

The average days on the market for Watermark Sold Homes is 167.

Pending: 0

Expired: 9

At the current rate of sales, we have a 32 month Absorption rate at the

Watermark Residences. This means that it will take 32 months for the

current listed homes to sell based on the current rate of sales.

Watermark buyers don’t seem very interested at the present prices.

The listed avg. price/square foot is about $60 more than the 3 sales

so far this year.

Additional articles about Watermark Residences:

Forest Hills Michigan Real Estate

Watermark Country Club

Watermark CC Golf Pro ~ Mark Wilson

The Grille Restaurant at Watermark

If you would like further information about Watermark Residences

Cascade or Forest Hills Homes, please contact me directly:

1-888-240-1968 ext 0

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

ar125812212017642 Foto Friday – Christmas Railway Garden Meijer Gardens 2010 ar125812218972939 Foto Friday – Christmas Railway Garden Meijer Gardens 2010 ar125812225271331 Foto Friday – Christmas Railway Garden Meijer Gardens 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Top Best Buy Homes October 2009

Forest Hills Michigan Top Best Buy Homes October 2009

We have gathered a list of the Top Best Forest Hills Houses

( Ada-Cascade) to buy, based on price per square foot.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

The homes listed below are probably dated and would need

updating with new carpeting, paint, and kitchen- bath redos

at a minimum to bring them to current market standards.

They might need major repair work done, such as new roofs

& mechanicals.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

Forest Hills Michigan neighborhood

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished.

The list for October 2009 is 19 properties, up from last month.

The lowest price/Sq Ft for homes range from $39.17 to $137.56

here in Forest Hills.

The lowest list price is $59,900 and the highest list price is

$288,900 for Oct 2009 homes in Forest Hills School District.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

Some of these homes may be bank owned foreclosures, short sales

and not habitable as is or available for a mortgage in present condition

The Top Forest Hills Homes to Buy by Price per Square Foot:

8245 Fulton St E            $59,900      1124 Sq Ft    $53.29/SqFt

383 Pettis Ave NE         $79,900      2040 Sq Ft    $39.17/SqFt

6225 Acropolis Dr          $58,000      1114 /SqFt   $52.06/SqFt

6342 Wainscot Dr SE      $84,900      1224 Sq Ft   $69.36/SqFt

5505 Whitneyville SE     $84,900     1536 Sq Ft   $55.27/SqFt

6600 Cascade Rd SE     $89,900     1788 Sq Ft   $50.28/SqFt

6250 Architrave St      $ 90,000    1814 Sq Ft   $66.37/SqFt

1890 Leffingwell Ave  $105,400    2128 SqFt    $49.53/SqFt

1791 Grand Ct NE       $118,900     1600 Sq Ft   $74.31/SqFt

1789 Grand Ct NE       $119,900     1600 Sq Ft   $74.94/SqFt

1787 Park Trail NE      $119,900     1600 Sq Ft   $74.94/SqFt

6461 Cascade Rd        $139,900     2023 Sq Ft   $69.15/SqFt

2847 Winesap Ave      $139,900    1557 Sq Ft   $137.56/SqFt

6931 Sandy Lane Dr    $159,900    2600 Sq Ft   $71.90/SqFt

3206 Oak Hollow Dr    $169,900   2509 Sq Ft   $67.72/Sq/Ft

2669 Cascade Springs $ 179,900  2590 SqFt    $69.46/SqFt

4287 Woodside Oakes $189,741  2736 Sq Ft   $69.35/SqFt

2328 Dean Lake Ave    $199,900  2757 SqFt    $72.51/SqFt

8801 Fulton St E         $288,900   4132 Sq Ft    $69.92/SqFt

Forest Hills Michigan Real Estate Articles

If you would like to see a particular Top Best Buys Forest Hills

Home, please contact us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

_____________________________________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

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

ar125812212017642 Grand Rapids Michigan Cost vs Value Report 2010 ar125812218972939 Grand Rapids Michigan Cost vs Value Report 2010 ar125812225271331 Grand Rapids Michigan Cost vs Value Report 2010

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Real Estate Market Report ~ July 2009

Forest Hills (Ada Cascade) MI Real Estate Absorption Report

Forest Hills is actually a school district in AdaCascade MI. This market

is always active. These Grand Rapids suburban communities have

wonderful neighborhoods, some new and some older with Top Ranked

Forest Hills Public Schools, and private schools, such as Ada Christian

& St Roberts that attract  many home owners.

This report will cover the April 1, 2009  to July 30, 2009 real estate

market activity.

Forest Hills Eastern High school Ada Township MI

          Forest Hills MI Listings over $300,000

The absorption rate for Forest Hills MI is 13.3 months, which means if no

new listings come on the market, it will take 13.3 months to sell the existing

$ 300K+ homes at the current rate of sale.  This rate is down significantly

from  last month, sold prices are inching upward.  Inventory is down slightly,

but sales are holding fairly steady. Your Forest Hills home has a good chance

to sell if it is in good condition and priced correctly.

 

$300,000+ Homes

227 Active Forest Hills Listings

Average price of $626,539

Average price/square foot $202.82

Low price of $305,000

High price of $2,700,000.

Sold Forest Hills Listings 50

Average sold price $478,188

Average Sold price/sq ft $ 162.00

Lowest sold price $310,000

Highest sold price $1,100,000

Pending Listings 18

Forest Hills Active Listings $50,000 – $300,000

The Absorption rate for Forest Hills homes in this price range is 5.47

months, which means that if no new homes enter the market, at the

current rate of sales, it will take 5.47 months to sell all current inventory.

This is down from last month, but still within normal range.

Forest Hills Active Listings 230

Average Active  Price $208,088

Average Active Price/SqFt $118.34

Average Active Days on the Market  105

High Active Price $300,000

Low Active Price $59,900

Sold Forest Hills Listings 119

Average Sold Price  $195,384

Average Sold Price/sq ft $101.73

Average Sold Days on the Market 89 Days

High Sold Price  $300,000

Low Sold price is $53,000

Pending Sales 49

Market Synopsis: Although the absorption rate is one of the lowest in

the area, for the under 300K homes, this market area is finally seeing

some stabilization in market prices.  With less active listings coming on

the market, competition will be tighter for Forest Hills buyers.

 

Forest Hills MI Top Best Buy Homes ~ July 2009

 Forest Hills RE Market Reports 2009

Forest Hills Michigan Public Schools Update 2009

 

If you would like specific information about an Ada Cascade or

Forest Hills MI Homes, please contact me directly:

email: terry@terrywestbrook.com

ph. 1-888-240-1968 x 0

Grand Rapids Ada Real Estate  ~ Westbrook Realty

Copyright 2009  All rights reserved

Photo of Forest Hills Eastern High School by Bonnie Westbrook

Top Best Buy Homes in Forest Hills, Michigan ~ July 2009

We have gathered a list of the Top Best Forest Hills Houses

( Ada-Cascade) to buy, based on price per square foot.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

The homes listed below are probably dated and would need

updating with new carpeting, paint, and kitchen- bath redos

at a minimum to bring them to current market standards.

They might need major repair work done, such as new roofs

& mechanicals.

Check back often or just subscribe to our blog to get

up-to-date local real estate information that you want to know.

top best buys in forest hills mi homes for sale

The total square footage is noted here, although only the

main floors are used to figure price per square foot, not the

basement, even if finished.

The list this month is 18 properties, up from last month.

The lowest price/Sq Ft for homes range from $43 to $74.89

here in Forest Hills.

The lowest list price is $39,900 and the highest list price is

$221,988 for July 2009 homes in Forest Hills School District.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

Some of these homes may be bank owned foreclosures and

not habitable as is or available for a mortgage in present condition

The Top Forest Hills Homes to Buy by Price per Square Foot:

5610 Ada Dr SE                 $153,000     2437 SqFt   $62.78/SqFt

2635 Chatham Woods      $ 49,900       817 Sq Ft  $61.08/SqFt

2653 Chatham Woods      $ 39,900        907 Sq Ft  $43.00/SqFt

2031 Rowland  #8            $ 97,000     1550 SqFt    $62.58/SqFt

6375 Wainscot Dr SE        $ 84,900     1633 Sq Ft   $69.36/SqFt

 

383 Pettis Ave SE           $ 94,900    2040 Sq Ft   $46.52/SqFt

1417 Grand River Dr       $ 89,900    1248 Sq Ft   $72.04/SqFt

5505 Whitneyville SE      $ 97,500   1536 Sq Ft   $63.48/SqFt 

6250 Architrave St          $ 90,000    1814 Sq Ft   $66.36/SqFt

6600 Cascade Rd           $ 94,900    1788 SqFt   $53.08/SqFt 

 

8195 45th St SE              $124,500     2193 SqFt   $56.77/SqFt

6461 Cascade Rd SE       $139,900    2023 SqFt   $69.15/SqFt

3703 Burton St SE          $ 66,000       912 Sq Ft    $72.37/SqFt

3012 Jeanlin Dr SE          $134,900  2548 Sq Ft    $52.94 /SqFt

6948 Maplecrest Dr         $155,000   3200 Sq Ft   $57.84/SqFt

 

7569 Woodvale St SE       $143,900   2238 Sq Ft   $60.28/SqFt

4271 Woodside Oaks Ct    $221,988  3453 Sq Ft   $64.29/SqFt

3206 Oak Hollow Dr SE     $187,900   2509 Sq Ft   $74.89/Sq/Ft

 

Forest Hills MI Top Best Buy Homes ~ June 2009

Forest Hills Market Report May 2009

Forest Hills Michigan Public Schools Update 2009

 

If you would like to see a particular Top Best Buys Forest Hills

Home, please contact us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2009 All rights reserved

Grand Rapids Michigan Real Estate Market Report ~ Quail Crest Condos ~ July 2009

The Quail Crest Condo development is located west of Spaulding

and north of Burton Street in Cascade Township.  There is an

entrance off Spaulding Avenue and off Burton Street. This condo

development was started in the late 1980’s and continued building

into the late 1990’s.

The condos are spacious with cathedral ceilings and many have

finished lower levels with extra bedrooms and baths. This area

has been very attractive for retirees, as they are close to all the

local amenities and shopping but no house maintenance. Forest

Hills Public Schools are the school district,Watermark Country Club,

Forest Hills  & 28th Street shopping are a short distance away.

The miles of Cascade-Ada Bike/Walking Trail

connects to downtown Cascade, downtown Ada, and 28th St.

Quail Crest Condos Entrance Cascade MI

  Quail Crest Condominiums Real Estate  Market Report 

                         July 2009

             13 For Sale, 2 Pending, 2 Sold

Quail Crest Condos Active Listings: 13

Quail Crest Condos Average Active Price – $218,331

Quail Crest Condos Average Active Price/SqFt – $ 149.22

Quail Crest Condos Average Active days on market 104

Quail Crest Condos Sold Listings: 2

Quail Crest Condos average sold price – $212,500

Quail Crest Condos average sold price/SqFt – $ 136.63

Quail Crest Condos average days on market – 236

 

The absorption rate for Quail Crest Condos is 19.69 months, which

means if no new listings come on the market, it will take 19.69 months

for the current inventory of homes to sell at the current rate of sales.

This is very high for the Grand Rapids Market, which means either prices

are too high for today’s condo  buyers, or there is a glut of condos on

the market.  Prices are still dropping on average sold prices, though

the average list price has risen.

We have seen some sellers renting instead of selling, waiting for a

return to a seller’s market.  That may be the route to take, if you can

play the role of landlord successfully.

 

Forest Hills MI Real Estate Market Report June 2009

 

If you have further questions about Grand Rapids or

Cascade MI Condos, please contact me directly.  We can

also have these monthly market reports emailed to your

inbox, just contact us.

Grand Rapids Ada MI Real Estate  – Westbrook Realty

Copyright 2009  All rights reserved

photo of Quail Crest Entrance by Bonnie Westbrook