Forest Hills Michigan Neighborhood Real Estate Report East Village 2011

Forest Hills Michigan Neighborhood Real Estate Report  East Village 2011

Quick Snapshot of East Village Residences Real Estate Activity

                        January 1 through December 31, 2011

Sculpture at Meijer Gardens

Active Listings – 3        $365,000 to $ 499,900

Pending Sales – 0

Sold Properties – 8

Average Sold Price – $396,500

Commentary on 2011 Sold prices:  Although 5 of the sold homes

in 2011 were $400K or over, the 3 sales under that figure

drew the average sales price down.  This is happening all over

the nation, distressed properties, foreclosures and short

sales are still driving prices downward, even in popular neighborhoods.

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If you are interested in buying or selling a Forest Hills home,

call Terry for the latest neighborhood info.

____________________________________________

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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