Ada Michigan Neighborhood Real Estate Report Greentree Estates January – May 2014

By Terry & Bonnie Westbrook

Snapshot of Greentree Estates Real Estate Activity

January 1 to May 31, 2014

Active Listings – 2

Average List Price  = $ 394,900

Pending Sales – 0

Sold Properties – 2

Average Sold Price = $ 334,500

Greentree Estates Properties are selling for about $ 114 a sq./ft.

on average this year.  Both of the properties sold in late March.

Greentree Estates is a rural suburban neighborhood with typically

acreage lots and heavily wooded.  If you are considering selling

your Forest Hills home, give Terry a call, we have buyers waiting

for houses in this area.

If you would like information about buying an Ada Township Home,

please contact Terry at 616-292-7263.

SEARCH FOR FOREST HILLS HOMES

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Forest Hills Michigan Real Estate Articles

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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

Forest Hills MI Neighborhood Real Estate Report Hidden Hills Jan – May  2014

Quick Snapshot of Hidden Hills Real Estate Activity

Jan 1 through May 31, 2014

Active Listings – 6

Pending Sales – 5

Sold Properties – 0

Average List Price – $ 338,519

Hidden Hills area still has houses on the market

but recent activity has heated up.  With 5 pending sales

in the last 2 weeks of May, the inventory may be depleted

quickly considering buyer demand.  Even though prices

are starting to return to pre-recession pricing, buyers are

still reluctant to buy a “project”t house.  They want all

improvements done, and the home to be move-in ready.

If you are looking to buy or sell a Hidden Hills home,

please contact  Terry for a market analysis or a list of

recent home listings.  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

Ada MI Neighborhood Real Estate Report Adacroft Commons Jan – May 2014

Peony Tulips

Snapshot of Adacroft Commons Real Estate Activity

January 1 through May 31, 2014

Active Listings – 1

Pending Sales – 1

Sold Properties – 5

Average Sold Price = $182,878

Short inventory of homes in Adacroft Commons, which

is common in the Forest Hills School District.  Prices are on the

road to recovery from the 30-40% decline they saw during the

2007-2012 recession.  Scarcity of homes will eventually drive

prices up, but we aren’t seeing a huge increase.  Prices are inching

up slowly and interest rates are expected to do the same thing.

If you are interested in buying or selling an Adacroft Commons home, give

Terry a call at 616-292-7263.

SEARCH FOR FOREST HILLS HOMES

Ada Michigan 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!

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 – April 2014

By Bonnie & Terry Westbrook

Snapshot of Tamarron Estates Real Estate Activity

January 1 through April 30, 2014

Active Listings – 2           Avg. List Price: $ 498,850  

Pending Sales – 2

Sold Properties – 2              Avg. Sold Price $ 486,605

Home sales have rebounded in Tamarron Estates nicely

in the past 18 months.  Buyers are still looking for updated

homes but prices are climbing and inventory is scarce her in

Tamarron, like most of Forest Hills.  Consumers have fewer

choices and less bargaining power than in the recent past.

 
If you have a home to sell or purchase in Forest Hills,

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

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