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.
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
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
