Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan-June 2012

Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan–June  2012

Quick Snapshot of Watermark Residences Real Estate Activity

Jan 1 through June 30, 2012

watermark18 thumb Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan – Aug 2011

        11 Active Listings

  1. $ 172,000       5363 Prairie Home Dr
  2. $ 300,000       2069 Watermark Dr
  3. $ 375,000       1627 Watermark Dr
  4. $ 420,000       1991 Talamore Ct
  5. $ 469,000       2105 Stickley Dr
  6. $ 579,900       1999 Watermark Dr
  7. $ 579,900       5642 Sunny Bank Ct
  8. $ 599,900       2134 Watermark Dr
  9. $ 625,000       5650 Watermark Ct
  10. $ 645,000       2052 Watermark Dr
  11. $1,750,000     1878 Watermark Dr

Sale Pending

1. $ 417,900          2017 Talamore Ct

4 Sold Properties

  1. 5341 Prairie Home Dr  $ 217,000
  2. 5340 Prairie Home Dr  $ 285,000
  3. 282 Feathery Dr        $ 435,000
  4. 1803 Watermark Dr    $ 528,000

 

With 11 listings for sale and 5 sales  in Watermark in the last 6 months,

the Absorption Rate is 13 months.  Any time over 8-9 months is considered a

declining market because excess inventory is pushing home costs downward.

There is a wide range of home prices in this neighborhood, from small town-

houses, detached condos to executive mansions.  If you have questions about

living in a Watermark residence, give Terry a call. 

 

SEARCH FOR FOREST HILLS HOMES

 

Michigan Golf Photos

Forest Hills Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan – Aug 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan – Aug 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report – Watermark Residences Jan – Aug 2011

Westbrook Realty Grand Rapids MI Real Estate

  Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – April 2012

Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – April 2012

Quick Snapshot of Hidden Hills Real Estate Activity

Jan 1 through April 30, 2012

peony tulips

Active Listings – 12

Pending Sales – 6

Sold Properties – 6

Average Sold Price – $ 195,000

Home inventory is down for the entire Grand Rapids area, as well

as in Hidden Hills.  There is about 2 months of home inventory

if sales keep up to the last 4 months sales level.  Average price

is still down slightly, though this affected by distress and REO sales.

Listings in good condition and priced correctly are selling well this spring.

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Forest Hills Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – June 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – June 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – June 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Woods Jan-April 2012

Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Woods Jan-April 2012

Quick Snapshot of Cascade Springs Real Estate Activity

January 1, 2012 through April 30, 2012

CopyofTownHall thumb Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Springs 2011

Active Listings   – 8         $152,900 to  $338,800

Pending Sales    – 3

Sold Properties – 6

Average Sold Price – $ 237,200

The average sold price is figured without the distressed

home that was in the sold column.  We feel this gives a

truer picture of what Cascade Woods’ home values

actually are.

If you would like additional information about Forest Hills

homes, please contact Terry at 616-292-7263.

 

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Springs 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Springs 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Springs 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–April 2012

Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–April 2012

Quick Snapshot of Tamarron Estates Real Estate Activity

Jan 1 through April 30, 2012

ThornappleElementarySchool thumb Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–Dec 2011

Active Listings   – 3 homes from $294,000 to $ 590,000

Pending Sales   – 1

Sold Properties – 3

Average Sold Price – $ 241,583   High= $300,000  Low= $167,500

If you would like to know what your Tamarron home is worth,

we would be happy to give you a custom market analysis.

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

________________________________________________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–Dec 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–Dec 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–Dec 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Report Thornapple River Dr/Burger Dr Jan – April 2012

Forest Hills Michigan Neighborhood Real Estate Report Thornapple River Dr/Burger Dr Jan – April 2012

Quick Snapshot of Thornapple River Dr/Burger Dr Real Estate Activity

                   January 1 through April 30, 2012

Gardens2 thumb Forest Hills Michigan Neighborhood Real Estate Report Thornapple River Dr/Burger Dr 2011

Active Listings – 14          $164,900 to $1,499,999

Pending Sales    – 2

Sold Properties  – 8

Average Sold Price – $ 230,125

The average sold price has come down about 15% from 2011’s

average sold price.  This could be because less expensive homes

are the majority of the market and higher priced homes are

waiting to see if prices start inching back up.  So far, 2012 is

behind on sales and average sold price from 2011.  Good news for

buyers in this neighborhood, but not sellers waiting to list their

home and break even on a sale.

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Thornapple River Dr/Burger Dr 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report Thornapple River Dr/Burger Dr 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Thornapple River Dr/Burger Dr 2011

Westbrook Realty Grand Rapids MI Real Estate

     Contact Terry   616-292-7263

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Forest Hills Michigan Waterfront Homes Jan – April 2012 Quick Snapshot Real Estate Report

Forest Hills Michigan Waterfront Homes Jan – April 2012

Ada MI  Grand River

Why take a one or two week vacation near the water when water

front homes are so available in West Michigan?  Forest Hills has

many waterfront homes to choose, both lakes and rivers.  To keep

you up to date on the latest stats on Forest Hills listings and sales

for homes with water frontage, look at our most recent report below.

Active Listings    – 30 homes from $ 117,900  to $ 1,580,000

Pending Listings -   2

Sold Listings       -  14

Average Sold Price  – $ 461,036

This gives you an idea of what is available, from a modest home

to a palatial mansion.  Want to take a look?  Give Terry a call

and get acclimated to a summer on the water…..

 

Search for a Forest Hills Michigan Waterfront Home

 

SEARCH All FOREST HILLS HOMES

________________________________________________________________________________________________

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!

ar125812212017642 Forest Hills Michigan Waterfront Homes Dec 2011 ar125812218972939 Forest Hills Michigan Waterfront Homes Dec 2011 ar125812225271331 Forest Hills Michigan Waterfront Homes Dec 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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Forest Hills Michigan Neighborhood Real Estate Report Centennial Park Condos Jan-April 2012

Forest Hills Michigan Neighborhood Real Estate Report  Centennial Park Condos Jan-April 2012

Quick Snapshot of Centennial Park Condos Real Estate Activity

                 January 1 through April 30, 2012

Michigan dogwood leafing out

 

Active Listings   9          $ 149,900 to $ 799,900

Pending Sales    3

Sold Properties   4

Average Sold price = $ 256,500

Centennial Park Condominiums are located on or near Centennial Golf

Course, a short course with club house and restaurant.  This development

is near 28th St and Cascade Road intersection, with shopping and many

amenities close by.  Activity is up in this area and prices are starting to

stabilize.

SEARCH FOR FOREST HILLS HOMES

Michigan Golf Photos

Forest Hills Michigan Real Estate Articles

If you are interested in a Forest Hills Condo home, give Terry

a call for up-to-date information on this changing market.

____________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Centennial Park Condos 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report Centennial Park Condos 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Centennial Park Condos 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village Jan – April 2012

Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village  2012

Caravelle Village 2012 Quick Market Snapshot:

  January 1 , 2012 to April 30, 2012

Cascade Park Cascade MI

Active For Sale Homes = 4          $149,900  to $ 195,000

Pending Home Sales = 1

Sold Homes = 9

Average Sold Price = $160,172

Homes are moving quickly in Caravelle Village this year, so far.

List and Sold Prices are also up compared to last years stats.

If you would like information about a Forest Hills Home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

 

Additional Forest Hills Michigan Articles:

Forest Hills Michigan Neighborhood Real Estate Market

Copyright 2011  All rights reserved

photo of Tassell Park at the Thornapple River 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. We believe: Grand Rapids is a Great Place to Live!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report Caravelle Village 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Real Estate Market Report Jan – March 2012

Forest Hills Michigan Real Estate Market Report Jan-Dec 2011

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, and private schools, and

a life style that attracts many home owners.

 Grand River Knapp St

2012 first Quarter real estate market activity.

Under $250,000 Homes:

Forest Hills Current Listings = 144

Average Sale price – $164,911

Average Time on Market = 3-4 months

Average Sold Price/Sq Ft = $ 98.27

Absorption Rate = 2.9 months

$ 250,001 and Up  Homes:

Forest Hills Current Listings = 192

Average Sale Price = $ 410,964

Average Time on Market = $2.6 –4 months

Average Sold Price/Sq Ft = $95.31

Absorption Rate = 6.4 months

 

Home inventory is higher in the upper priced home market and

 effects the Absorption Rate, which is double that of the homes under

$ 250K.  Prices have dropped across the board but buyer demand is

still sluggish.  With the mild winter weather and a head start on spring,

we will see if this effects the local real estate market.

 

Call Terry if you are interested in purchasing 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!

ar125812212017642 Forest Hills Michigan Real Estate Market Report Jan Dec 2011 ar125812218972939 Forest Hills Michigan Real Estate Market Report Jan Dec 2011 ar125812225271331 Forest Hills Michigan Real Estate Market Report Jan Dec 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–Dec 2011

Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Jan–Dec 2011

Quick Snapshot of Tamarron Estates Real Estate Activity

Jan 1 through Dec 31, 2011

ThornappleElementarySchool thumb Forest Hills Michigan Neighborhood Real Estate Report Tamarron Jan – June 2011

Active Listings – 4

Pending Sales – 1

Sold Properties – 8

Average Sold Price – $ 321,613  High= $455,500  Low= $229,900

SEARCH FOR FOREST HILLS HOMES

Forest Hills Michigan Real Estate Articles

________________________________________________________________________________

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!

ar125812212017642 Forest Hills Michigan Neighborhood Real Estate Report Tamarron Jan – June 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report Tamarron Jan – June 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Tamarron Jan – June 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM