Forest Hills Michigan Real Estate Market Report Jan-Mar 2013

by 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.

Winter Aconite Blooms

First Quarter 2013 Real Estate Market Activity

Under $250,000 Homes:

Current Listings = 74

Pending Home Sales = 47

Sold Homes = 87

Average Sold price – $168, 802

$ 250,001 and Up Homes:

Current Active Listings = 144

Pending Sold Homes =3 4

Sold Homes = 80

Average Sold Price = $ 477,667

Home prices are rising in Forest Hills for the last 12 months,

especially this first quarter of 2013. We see about 10% price rise in the under

$250K category and about 15% in the upper priced homes. 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 might be the right time to put 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.

Additional Forest Hills Articles:

Forest Hills Real Estate Market Reports

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

Forest Hills MI Home, please contact me directly.

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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!

Contact Terry 616-292-7263

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