Forest Hills Michigan Real Estate Market Report June-Sept 2012

Forest Hills Michigan Real Estate Market Report June-Sept 2012

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.

Pine Ridge Elementary School

2012 Real Estate Market Activity

Under $250,000 Homes:

Forest Hills Current Listings = 144

Average Sold price – $180,497

Average Time on Market = 3-4 months

Average Sold Price/Sq Ft = $ 105.79

 

$ 250,001 and Up  Homes:

Forest Hills Current Listings = 197

Average Sold Price = $ 440,603

Average Sold Price/Sq Ft = $153.24

Home inventory is shrinking and prices are rising in Forest Hills

for the last 6 months of market time.  Homes have gone up an

average of 10%, and sold price/square foot has risen in both

low and high end homes.  Still a good time to buy, interest rates are

still low, but home inventory is getting smaller.

 

Call Terry if you are interested in buying or selling a Forest Hills home.

He has over 35 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 Homes, please contact me directly.

Copyright 2012  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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