Tag Archives: Forest Hills Mi real estate market reports

Forest Hills MI Neighborhood Real Estate Report West Village Jan – June 2016

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Forest Hills MI Neighborhood Real Estate Report  West Village Jan – June 2016

By Terry & Bonnie Westbrook

Duck Family Sculpture

 

 

Snapshot of West Village Real Estate Activity

 

 

January 1 through June 30, 2016

Active Listings – 0

Pending Sales – 0

Sold Properties – 3

Average Sold Price = $ 502,833

 

West Village has no active homes for sale,

but 3 homes have sold so far in 2016. The average

sale price is pretty stable and hasn’t changed much

for the last two years. This is a newer development

and homes have retained their value to consumers.

 

West Village has upper bracket home prices

in the Forest Hills area. It remains a very popular

location, close to shopping, schools, and expressways.

 

SEARCH FOR FOREST HILLS HOMES

Forest Hills Schools Photos

Forest Hills Michigan Real Estate Articles

If you are interested in buying or selling a Forest Hills home,

call Terry for the latest neighborhood info.

 

Copyright 2016 by Westbrook Realty

____________________________________________

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 West Village Jan–April 2013  ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report West Village Jan–April 2013

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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Forest Hills MI Neighborhood Real Estate Report Tamarron Estates January – June 2016

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Forest Hills MI Neighborhood Real Estate Report Tamarron Estates January – June 2016

By Bonnie and Terry Westbrook

 

PineRidgeElementarySchoolvignette_thumb.jpg

 

Snapshot of Tamarron Estates Real Estate Activity

January 1 through June 30, 2016

 

Active Listings – 2   

Pending Sales – 2

Sold Properties – 4  

Avg. Sold Price – $430,250

 

 Tamarron Real Estate is on an upbeat path

compared to 2015 statistics. Homes are selling

as demand in the Forest Hills market increases.

With Thornapple Elementary School in the

neighborhood, access to the Thornapple River

backwaters, and being close to both Ada and

Cascade, this development holds it’s appeal

for buyers.

 

 

If you have a home to sell in Tamarron or would

like to purchase a Forest Hills home,

Terry can answer any questions you might have.

 

Call Terry @ 616-292-7263

 

SEARCH FOR FOREST HILLS HOMES

 

Additional Forest Hills Real Estate Articles:

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!

 

Westbrook Realty Grand Rapids MI Real Estate

Call Terry at: 616-292-7263

 

Forest Hills MI Real Estate Market Report March – May 2016

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Forest Hills Michigan Real Estate Market Report

March – May 2016

Forest Hills home

by Terry and Bonnie Westbrook

2016 Real Estate Market Activity Forest Hills

March 1, 2016 – May 31, 2016

 REDO

Active Listings = 199      From $ 99,900 to $ 2,450,000

Pending Listings – 131

Sold Homes = 206       From $50,000 to $1,450,000

 

Forest Hills homes are selling quickly, 

but the quantity of new homes entering the

market is way below our normal.

For the past quarter, we have 337 homes sold

and only 199 listings.  Sold homes are half the

total of six months ago.

 

 

Finding a Forest Hills home under $250,00

with updates is getting very difficult, under $100K

is almost impossible, very slim pickings and you

can bet condition is a key factor.  Be ready for

major remodeling projects, which prices a large

portion of  buyers out of the competition.

 

 

Forest Hills is a public school district in Ada – Cascade Michigan.

A Greater Grand Rapids suburban community that has wonderful neighborhoods,

some new, most are older.  It boasts Top Ranked Forest Hills Public Schools,

private schools, and a suburban life style that attracts many home owners.

 

Call Terry about buying or selling a Forest Hills home.

If you are a seller, he can provide valued advice on what

updates pay off and which don’t.   616-292-7263

 

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 2016 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!

Forest Hills MI Neighborhood Real Estate Report Hidden Hills Neighborhood Jan – May 2016

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Forest Hills MI Neighborhood Real Estate Report Hidden Hills Jan – May  2016

 

By Terry and Bonnie Westbrook

 

Back Deck

A place to unwind at the end of the day

Quick Snapshot of Hidden Hills Real Estate Activity

Jan 1 through May 31, 2016

 

Active Listings – 1

Pending Sales – 2

Sold Properties – 4

Average Sold Price – $ 284,250

 

The Hidden Hills real estate market has had

 

a fairly busy year so far.  Two pending sales and four

closed sales, with the average sold price rising by over

20% from the same time frame last year.

One of these homes was flipped rather quickly and more

than doubled in price.  This sold price would be at the peak

of home prices in Hidden Hills and would not be the case

for homes that haven’t been completed remodeled.

This also clearly demonstrates that today’s buyers want

an updated home and are willing to pay for it.

 

If you are considering selling a Hidden Hills home,

please contact  Terry for a market analysis or a list of

recent home sales.  Call 616-292-7263

or email:  terry@terrywestbrook.com

 

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!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

All Rights Reserved Copyright 2015

 

Forest Hills Michigan Neighborhood Real Estate Report Watermark Residences January – May 2016

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Forest Hills Michigan Neighborhood Real Estate Report

Watermark Residences January – May 2016

by Terry and Bonnie Westbrook

 

Quick Snapshot of Watermark Residences Real Estate Activity

January 1 through May 23, 2016

 

Cascade Township MI Neighborhood Real Estate Report

IMG_0955

Active Listings  2   

 

Sales Pending = 1

Sold Properties = 7

Average sold price  $ 506,812

 

Watermark Real Estate Market Synopsis:

Watermark Homes are selling for less than they

were a year ago, about a 10% drop in average price.

This could be due to condition and age, as some

of the properties are probably due for updates

 

Current home inventory is small, but sold

properties are above average for this Spring market.

Golf course homes are considered a desirable place

to live and appeal to both local and transfer buyers.

 

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and a few

townhouse residences.

 

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

 

An additional attraction is access to play all 4

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

Thousand Oaks Golf Course in NE Grand Rapids

 

If you would like to view a Watermark or other golf

course home,  contact Terry: 616-292-7263

 

 

SEARCH FOR FOREST HILLS HOMES

Copyright 2016 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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-April 2016

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Forest Hills MI Neighborhood Real Estate Market Report Caravelle Village Jan-April 2016

By Terry and Bonnie Westbrook

 

Caravelle Village 2016 Quick Market Snapshot:

January 1 to April 30, 2016

 

CascadeLibrary.jpg

 

Active For Sale Homes = 0

Pending Home Sales = 1

Sold Homes = 2                 $180,000 to $252,000

Average Sold Home Price = $ 218,666

 

Homes in Caravelle Village are selling in days,

typical of the shortage for affordable housing in Forest

Hills.  All three of these homes sold for close to or over

listed price within days of listing.  This seems like a dream

come true for sellers, but it does have a negative side.

If you are looking for a new home in Forest Hills, it

could take months to find and negotiate the sale of your

new home.  Meanwhile, the new buyers of your just sold

home are anxious to move in.  This housing dilemma is stifling

the market right now for many potential sellers.

 

 

Considering selling your Caravelle Village home?

Please contact Terry for an idea of what your house is worth

on today’s market.

 

If you would like information about buying or selling a

Forest Hills Home,  please contact Terry at 616-292-7263.

 

 

SEARCH FOR FOREST HILLS HOMES

 

Copyright 2016 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!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

 

 

Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan – April 2016

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Forest Hills MI Neighborhood Real Estate Report Quail Crest Condos Jan-April 2016

By Terry and Bonnie Westbrook

 

Quick Snapshot of Quail Crest Condos Real Estate Activity

January 1 through April 30, 2016

QuailCrestCondosSign.jpg

 

Active Listings     0          

Pending Sales      2

Sold Properties   3        $210,000 to $251,000

Avg. Sale Price:             $226,229 

 

Quail Crest Condos are a desirable housing in 

the Forest Hills Area.  Condos are scarce here and this

subdivision offers older and newer construction.

New stand alone condo construction is almost if not

built out.  Demand from buyers is strong but this

doesn’t mean you can get top dollar for an outdated

condo here.  Statistics tell us you can expect to get ten

to twenty per cent less than homes in move in condition.

 

Quail Crest is located at the corner of Burton St and Spaulding

Avenue, near Watermark Golf Course, close to 28th St shopping and the

new SE YMCA complex that just opened this Spring.

 

Stand alone, 2 unit, and multiple unit condos are all part

of Quail Crest living.  New construction appears to be built out

or in the building process.

 

SEARCH FOR FOREST HILLS HOMES

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 Quail Crest Condos May Aug 2012  ar125812225271331 Forest Hills Michigan Neighborhood Real Estate Report Quail Crest Condos May Aug 2012

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry616-292-7263

OUR FLICKR PHOTO-STREAM

 Copyright 2015 All Rights Reserved

Forest Hills MI Neighborhood Real Estate Report – Clements Mill Jan-April 2016

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Forest Hills MI Neighborhood Real Estate Report – Clements Mill Jan – April 2016

by Terry & Bonnie Westbrook

 

P1110664

 

Quick Snapshot of Clements Mill Real Estate Activity

January through April  2016

Active Listings = 2

Pending Sold Properties =  3

Sold Properties = 5                

 Average Sold Price = $ 344,000

Average Sold Price /Sq. Ft = $ 190

 

Clements Mill homes continue to be a desirable place to live.

New construction condo listings are selling quickly, a rapid turn-over is

almost guaranteed in this Forest Hills neighborhood.

Demand is greater than the supply, at least for the Spring, Summer

selling season.

 

The average sold price is up almost 17 % from 2015 stats

last year at the same time.  Condition of a home stills plays a

factor in whether a sale is fast or slow, and getting top dollar in per

square foot pricing.

 

 

If you would like more information about a Clement Mills

home listing, or would like to sell your Clements Mills home,

please contact Terry at 616-292-7263.

 

SEARCH FOR FOREST HILLS HOMES

Clements Mill Video Tour

Ada Michigan Photo Set

Ada 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 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013  ar125812225271331 Ada Michigan Neighborhood Real Estate Report – Clements Mill Jan – April 2013

Westbrook Realty Grand Rapids MI Real Estate

   Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

Forest Hills MI Neighborhood Real Estate Report Ada Woods January – March 2016

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Forest Hills MI Neighborhood Real Estate Report Ada Woods Jan-March 2016

By Terry and  Bonnie Westbrook

P1060501.jpg

 

 

Snapshot of Ada Woods Real Estate Activity

January 1 through March 31, 2016

 

Active Listings – 1             $425,000

Pending Sales – 1

Sold Properties – 2

Average Sold Price Per Sq. Ft = $147 to 176

 

Only three Ada Woods Home sales on the MLS during the first

part of this year.  With only one home currently for sale, inventory is

low at this time.  Prices average out about $365,00, with some homes

in the middle $200,000’s and some over $400,000.  The warmer weather

will bring a few more homes on the market.  They should sell within

30 days if priced reasonably.

 

SEARCH FOR FOREST HILLS HOMES

 

Ada Michigan Photos

Forest Hills Michigan Real Estate Articles

 

If you are interested in information about an Ada Woods

or Forest Hills home, give Terry a call – 616-292-7263

 

Copyright 2016 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!

 

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

Forest Hills Michigan Neighborhood Real Estate Report Watermark Residences July – November 2015

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Forest Hills Michigan Neighborhood Real Estate Report

Watermark Residences January – June 2015

by Terry and Bonnie Westbrook

 

Quick Snapshot of Watermark Residences Real Estate Activity

July 1 through November 30, 2015

 

Cascade Township MI Neighborhood Real Estate Report

IMG_0955

Active Listings =6   

3 To Be Built Condo Homes

Priced from $ 499,900 to $ 925,000

Sales Pending = 1

Sold Properties = 5

Average sold price  $ 565,300

Average Sold Price / Sq.Ft. = $246.00

 

Watermark Real Estate Market Synopsis:

 

Watermark Homes are selling for more than they

were a year ago, about 10 % rise in pricing.

Inventory is small, considering 3 of the listed homes

are to be built condos.   Golf course homes are still

considered desirable place to live and appeal to

both local and transfer buyers.

 

Watermark Residences offer different types

of housing.  Single family residential homes,

single family condo residences, and some

townhouse residences.

 

Watermark Residences attract buyers who are

interested in the private golf course, club pool,

public restaurant,  and public work out facilities.

 

An additional attraction is access to play all 3

golf courses owned by the same management

with a golf membership to any of the three

following golf courses:

Sunnybrook Golf Course in Byron Center

Stonewater Golf Course in Caledonia,

Watermark Golf Course in Cascade

 

If you would like to view a Watermark home,

give Terry a call: 616-292-7263

 

SEARCH FOR FOREST HILLS HOMES

Copyright 2015 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!

Westbrook Realty Grand Rapids MI Real Estate

Contact Terry 616-292-7263

OUR FLICKR PHOTOSTREAM