Grand Rapids Forest Hills Waterfront Home is Very Affordable

Grand Rapids Forest Hills Waterfront Home is Very Affordable.

The average sold price in Forest Hills Waterfront homes

today is $325,000, which is based on all home sales in

the last 90 days.  Based on the same criteria, lets track

the Forest Hills Waterfront home average sold price every

month since the first of the year:

  • January 31, it was: $514,000
  • February 28, it was $400,000
  • March 31, it was $450,000
  • April 30, it was  $364,750
  • May 31, it was $342,000
  • June 30, it was: $211,472
  • July 31, it was: $498,300
  • Aug 31, it was $338,642
  • Sept 30, it was $299,950
  • Oct 31, it was $ 308,383

What this looks like is the average sold price has declined 40% since

the beginning of the year.  This may or may not be true for every home,

but prices are not going up yet.

Online today a 15-year fixed loan is being touted at 3.31%, 30 year loan

rate is 4%, as of today. 

The Bottom Line :

If you are considering purchasing a Forest Hills Waterfront home and

if you are going to get a loan, we have not seen a better buying condition

in our area in a very, very long time. Think at least a decade, if not more.

 

SEARCH 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 Grand Rapids Michigan Real Estate Market Report by School District Jan Dec 2007 9 ar125812218972939 Grand Rapids Michigan Real Estate Market Report by School District Jan Dec 2007 9 ar125812225271331 Grand Rapids Michigan Real Estate Market Report by School District Jan Dec 2007 9

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Top Best Buy Homes Oct 2011

Forest Hills Michigan Top Best Buy Homes Oct 2011

Top Best Buy Forest Hills Homes (Ada-Cascade) for Sale,

based on price per square foot. Price per square foot is a great

leveler, if two homes are compared by square foot pricing, you

get a much better picture of whether the home is overpriced

compared to similarly sized and priced homes.

 Pumpkins

The Top Forest Hills Homes to Buy by Price per Square Foot:

410 Pettis  Ave SE             $48,000   1012 Sq Ft     $ 47.43/SqFt

4485 Whitneyville             $67,900    1312 Sq Ft     $51.75/SqFt

2675 Dunnigan Ave NE    $81,500    1176 Sq Ft     $69.30/SqFt

111 Greenbriar  Dr            $82,300    1610 Sq Ft     $51.12/SqFt

3580 Vineyard Ave NE     $89,000    1186 Sq Ft     $75.04/SqFt

4447 Burton St SE             $99,900    1290 Sq Ft     $77.44/SqFt

2456 San Marie Dr SE       $104,900   1748 Sq Ft    $60.01/SqFt

3715 Lake Dr SE                $124,900    1410 Sq Ft    $88.58/SqFt

7151 Oran Dr                    $134,900     1508 Sq Ft    $89.46/SqFt

6384 Cascade Rd             $139,900    2300 Sq Ft    $60.83/SqFt

1607 Thornapple Dr         $139,900    1806 Sq Ft    $77.46/SqFt

7342 30th St SE                $139,900    2176 Sq Ft    $64.29/SqFt

6905 Adaridge Dr SE        $156,500    1896 SqFt    $82.54/SqFt

4662 E Forest Dr              $164,900     2212 Sq Ft   $74.55/SqFt

6181 Witherbee Dr SE      $165,900    2022 Sq Ft   $82.05/SqFt

7535 Woodvale Dr           $169,900     2242 Sq Ft   $75.78/SqFt

6588 Tanglewood            $170,000     1977 Sq Ft   $85.99/SqFt

4116 Burton St SE           $170,000     2682 Sq Ft   $63.39/SqFt

1141 Thornapple River   $175,900    2056 Sq Ft   $85.55/SqFt

7244 Thorncrest              $179,900   2077 Sq Ft    $86.62/SqFt

5775 Hall St SE                 $182,900    2064 Sq Ft    $88.61/SqFt

6346 Duxbury Dr SE         $187,900    2340 Sq Ft    $80.30/SqFt

2105 Forest Hills Ave       $209,800   2750 Sq Ft    $76.29/SqFt  

7331 Leyton Dr SE            $219,900    3593 Sq Ft    $61.20/SqFt

5236 Whitneyville Ave     $220,000    3648 Sq Ft    $60.31/SqFt

 

5900 Hall St SE                 $239,900    2880 Sq Ft    $83.30/SqFt

2600 Riveredge Dr SE      $240,000    2928 Sq Ft    $81.97/SqFt

8275 Bailey Dr SE            $249,900    3192 Sq Ft    $78.29/SqFt

146 Honeycreek Crk       $259,900    3536 Sq Ft   $73.50/SqFt

3410 Brookpoint Dr         $264,750    2960 Sq Ft    $89.44/SqFt

7699 Cascade Rd SE       $295,900     3600 Sq Ft   $82.19/SqFt

Average sold price is up this month in Forest Hills School District.

If you are willing to do repairs and update a home, there are still some

good buys at historically low interest rates. The homes in the most

up-to-date condition sell the fastest, as most buyers

do not want to do any repairs or updates.  Distressed homes are

fewer and home prices are on the rise in Forest Hills for Sept. 2011.

 

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

Search For Forest Hills Homes

Search Short Sale & Bank Owned Forest Hills Homes

More Forest Hills Michigan Real Estate Articles

If you would like to see a Forest Hills Home, please contact

us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

___________________________________________________________________________________________________

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 Top Best Buy Homes Sept 2011 ar125812218972939 Forest Hills Michigan Top Best Buy Homes Sept 2011 ar125812225271331 Forest Hills Michigan Top Best Buy Homes Sept 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Cascade Michigan Neighborhood Real Estate Market Report Caravelle Village Sept 2011

Cascade Michigan Neighborhood Real Estate Market Report Caravelle Village Sept 2011

Caravelle Village is an established subdivision built in the late 1960′s

and 1970′s just south of Burton Street, east of Kraft Avenue and west

of Cascade Road in Cascade Township.

Cascade Michigan Thornapple River

Caravelle Village July-Sept 2011 Quick Market Snapshot:


Active For Sale Homes = 5          $139,900  to $ 195,000

Pending Home Sales = 3

Sold Homes = 1

 

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 Cascade Michigan Neighborhood Real Estate Market Report  Caravelle Village  Jan Dec 2009 ar125812218972939 Cascade Michigan Neighborhood Real Estate Market Report  Caravelle Village  Jan Dec 2009 ar125812225271331 Cascade Michigan Neighborhood Real Estate Market Report  Caravelle Village  Jan Dec 2009

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

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

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

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

                   July 1 through Sept 30, 2011

Gardens2 thumb Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – June 2011

Active Listings – 13          $170,000 to $1,499,999

Pending Sales – 2

Sold Properties – 12

Average Sold Price – $ 239,242

 

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 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

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Woods Sept 2011

Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Woods Sept 2011

Quick Snapshot of Cascade Woods Real Estate Activity

July 1 through Sept 30, 2011

Cascade Township MI Historic Town Hall

Active Listings – 9         $134,900 to $399,750

Pending Sales – 7

Sold Properties – 3

Average Sold Price – $ 236,667

If you would like additional information about Cascade Woods

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 Woods Jan   June 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Woods Jan   June 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Market Report Cascade Woods Jan   June 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Sept 2011

Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Sept 2011

 

Quick Snapshot of Hidden Hills Real Estate Activity

               July 1 through Sept 30, 2011

Gardens2 thumb Forest Hills Michigan Neighborhood Real Estate Report Hidden Hills Jan – June 2011

Active Listings – 10         $139,900 to $649,900

Pending Sales – 1

Sold Properties – 3

Average Sold Price – $ 168,793

If you would like additional information about Hidden 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 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

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Sept 2011

Forest Hills Michigan Neighborhood Real Estate Report Tamarron Estates Sept 2011

 

Quick Snapshot of Tamarron Estates Real Estate Activity

                July 1 through Sept 30, 2011

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

Active Listings – 2           $179,900 to $ 285,000

Pending Sales – 1

Sold Properties – 3

Average Sold Price – $ 292,133

If you would like information about a Tamarron Estates home,

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 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

Forest Hills Michigan Neighborhood Real Estate Report Centennial Park Condos Sept 2011

Forest Hills Michigan Neighborhood Real Estate Report  Centennial Park Condos Sept 2011

 Quick Snapshot of Centennial Park Condos Real Estate Activity

                 July 1 through Sept 30, 2011

CanadianGoose thumb Forest Hills Michigan Neighborhood Real Estate Report – Centennial Park Condos Jan – June 2011

12 Active Listings

From $ 119,900 to $ 799,900

1 Pending Sale

2 Sold Properties

Average Sold price = $ 227,500

 

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 – Centennial Park Condos Jan – June 2011 ar125812218972939 Forest Hills Michigan Neighborhood Real Estate Report – Centennial Park Condos Jan – June 2011 ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report – Centennial Park Condos Jan – June 2011

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Real Estate Market Report Sept 2011

Forest Hills Michigan Real Estate Market Report Sept 2011

Forest Hills is actually a school district in Ada/Cascade  real

estate market that is always active. These 2 Grand Rapids suburban

communities have wonderful neighborhoods, some older, some new

with Top Ranked Forest Hills Public Schools and private schooling,

such as Ada Christian that attract many home owners.

This report covers the third quarter 2011 Forest Hills real

estate market activity.

handsbanner thumb Forest Hills Michigan Real Estate Market Report April – June 2011

Forest Hills July – Sept 2011 Real Estate Market Report:

Active Listings – 400

Average Sold Price: $283,932

Pending – 63

Sold – 169

% Sale Price to List Price – 94.1%

Absorption Rate: 5.17 Months

Please bear in mind that this report is all about averages.

While it might take one home 330 days to sell, another may sell in

under a week.  Condition, location, amenities, and price play a

large role in a fast sale.  Even though there are many multi-million

dollar homes in this district, the majority of homes are under

$400K with the average sold price under $300K.

 

The Absorption Rate is increasing with fall approaching, 5.1

 months means that it will take 5.1 months for the current inventory

of homes to sell, if selling at the current rate.  This is considered a

normal market. Real estate is selling in the Forest Hills district,

despite what you hear on the nightly news.

Additional Forest Hills Articles:

SEARCH FOREST HILLS HOMES

SEARCH Forest Hills Bank Owned – Short Sale Homes

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 2011  All rights reserved

Photo of Forest Hills Northern Trails School Banner 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 Real Estate Market Report April – June 2011 ar125812218972939 Forest Hills Michigan Real Estate Market Report April – June 2011 ar125812225271331 Forest Hills Michigan Real Estate Market Report April – June 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills Michigan Top Best Buy Homes Sept 2011

Forest Hills Michigan Top Best Buy Homes Sept 2011

Top Best Buy Forest Hills Homes (Ada-Cascade) for Sale,

based on price per square foot. Price per square foot is a great

leveler, if two homes are compared by square foot pricing, you

get a much better picture of whether the home is overpriced

compared to similarly sized and priced homes.

These homes might need major repair work done, such

as new kitchens and baths, roofs, new plumbing, electrical &

other major mechanicals.  They may have dated decor,  an

odd floor plan, or additions/add-ons that are not what most

people are looking for.

Pine_Ridge_Elementary_School

The Top Forest Hills Homes to Buy by Price per Square Foot:

410 Pettis  Ave SE             $ 52,800   1012 Sq Ft     $ 52.17/SqFt

111 Greenbriar  Dr             $82,300    1610 Sq Ft     $51.12/SqFt

4485 Whitneyville             $82,900    1312 Sq Ft     $63.19/SqFt

4447 Burton St SE             $99,900    1290 Sq Ft     $77.44/SqFt

4191 Bradford St               $114,900   1816 Sq Ft   $63.27/SqFt

6966 Adaridge Dr             $122,900     1385 Sq Ft    $88.74/SqFt

1938 Garrett NE                $124,900     1416 Sq Ft    $88.21/SqFt

6384 Cascade Rd             $139,900    2300 Sq Ft    $60.83/SqFt

1607 Thornapple Dr         $144,900    1806 Sq Ft    $80.23/SqFt

6905 Adaridge Dr SE        $159,900    1896 SqFt    $84.34/SqFt

4662 E Forest Dr              $164,900     2212 Sq Ft   $74.55/SqFt

7648 Buccaneer Dr          $167,000    3262 Sq Ft    $51.20/SqFt

2150 Forest Hills Ave       $169,500     2144 Sq Ft   $79.06/SqFt

6181 Witherbee Dr SE      $169,900    2022 Sq Ft   $84.03/SqFt

6588 Tanglewood               $170,000     1977 Sq Ft   $85.99/SqFt

4116 Burton St SE               $170,000     2682 Sq Ft   $63.39/SqFt

1141 Thornapple River        $175,900    2056 Sq Ft   $85.55/SqFt

7535 Woodvale Dr               $179,900     2242 Sq Ft   $80.24/SqFt

7244 Thorncrest                 $179,900   2077 Sq Ft    $86.62/SqFt

1537 Laraway Lake           $179,900   2166 SQ Ft     $83.06/SqFt

7385 Cascade Terrace     $200,000    2224 Sq Ft    $89.93/SqFt

2878 Big Timber Dr           $209,000    2439 Sq Ft    $85.69/SqFt

2105 Forest Hills Ave       $209,800   2750 Sq Ft    $76.29/SqFt    

5900 Hall St SE                 $239,900    2880 Sq Ft    $83.30/SqFt

8275 Bailey Dr SE            $249,900    3192 Sq Ft    $78.29/SqFt

6648 Gleneagles              $259,900    2990 Sq Ft    $86.92/SqFt

146 Honeycreek Ave       $274,900    3536 Sq Ft   $77.44/SqFt

Summer buying season is on in Forest Hills, 28 sold homes

and 35 pending sales in the last month.

Average sold price  = $ 331,289

Average Sold Price = 94.7% of List Price

Average sold price is up this month in Forest Hills School District.

If you are willing to do repairs and update a home, there are still some

good buys at historically low interest rates. The homes in the most

up-to-date condition sell the fastest, as most buyers

do not want to do any repairs or updates.  Distressed homes are

fewer and home prices are on the rise in Forest Hills for Sept. 2011.

This list could include properties in Ada Township, Cascade

Township, Grand Rapids Township, Lowell Township, and the

city of Kentwood.

Please note: This list can change daily as some homes sell,

prices are adjusted and other homes come on the market.

Search For Forest Hills Homes

Search Short Sale & Bank Owned Forest Hills Homes

More Forest Hills Michigan Real Estate Articles

If you would like to see a Forest Hills Home, please contact

us at 1-888-240-1968 ext 0 or email us at:

terry@terrywestbrook.com

___________________________________________________________________________________________________

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 Top Best Buy Homes August 2011 ar125812218972939 Forest Hills Michigan Top Best Buy Homes August 2011 ar125812225271331 Forest Hills Michigan Top Best Buy Homes August 2011

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM