Forest Hills Weekly Market Report — May 17, 2026
This week’s market in Forest Hills shows consistent activity with a total of 12 homes sold, reflecting strong buyer interest and a competitive environment. The average list price remains elevated, indicating that sellers are confident in their pricing strategies. The sale-to-list price ratio of 1.02 suggests that buyers are increasingly willing to pay asking prices or higher.
Market Snapshot
- Active Listings: 75
- Pending / Under Contract: 12
- Homes Sold: 12
- Average List Price: $943,097
- Average Sold Price: $689,869
- Sale-to-List Price Ratio: 1.02
- Average List Price Per SqFt: $397.39
- Average Sold Price Per SqFt: $322.32
- Average Days on Market: 11
- Cumulative Days on Market: 11
- Highest Sale: $1,300,000
- Lowest Sale: $275,000
Weekly Commentary
The market this week indicates that buyers are taking action, as evidenced by the sold listings matching the pending ones. This behavior suggests that homes priced appropriately are attracting immediate interest, leading to quick sales. The low days on market indicate a demand that could favor sellers, particularly for well-presented properties.
The current landscape shows a slight edge towards sellers, especially with the average list price still high and a solid sale-to-list price ratio. Homes that are competitively priced are moving quickly, whereas properties that linger may require adjustments to attract buyer attention.
What This Means for Buyers
Buyers should be prepared to act swiftly in this environment. With the current competition evident from the pending sales, it’s crucial to present strong offers, possibly even above asking, especially on desirable listings. Timing is key, so staying alert to new listings and being ready to move quickly can make a significant difference in securing a home.
This week’s activity in Forest Hills underscores a vibrant market where buyers are engaging confidently. The number of homes selling at or above list price shows that when the right home comes along, buyers are ready to jump in.
For sellers, this is an opportune moment to list, as the demand is palpable. However, pricing must remain strategic; overpricing could lead to extended market time.
My advice? For buyers, get pre-approved and be ready to make competitive offers. For sellers, ensure your home is market-ready to capitalize on this momentum.
Jason Pohlonski is a licensed real estate professional serving Grand Rapids and surrounding West Michigan communities.
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About the Author
Jason Pohlonski is a Michigan Licensed Real Estate Salesperson with
Keller Williams Grand Rapids East,
specializing in East Grand Rapids, Forest Hills, and the greater Grand Rapids market.
📱 Call or text: 616-916-9770
📅 Schedule a consultation:
https://calendly.com/pohlonskirealestate/30min
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