Forest Hills Weekly Market Report

This week’s market in Forest Hills showcases a steady demand with a notable average sold price nearing $1 million. The active listings present a variety of options, while the average days on the market reflects a balanced pace, indicating that buyers are actively engaging with the current inventory.

Market Snapshot

Active Listings: 101
Pending / Under Contract: 20
Homes Sold: 11
Average List Price: $963,543
Average Sold Price: $999,994
Sale-to-List Price Ratio: 0.98
Average List Price Per SqFt: $376.21
Average Sold Price Per SqFt: $446.13
Average Days on Market: 25
Cumulative Days on Market: 25
Highest Sale: $2,295,000
Lowest Sale: $180,000

Weekly Commentary

Recently, buyer activity has picked up, with several homes going under contract quickly, indicating that motivated buyers are ready to act when they find the right property. The steady average days on market further emphasizes this urgency among buyers, particularly in the luxury segment.

With the current market favoring sellers slightly, well-priced homes are attracting attention and selling efficiently, while properties that are overpriced are experiencing longer waits. Buyers should be prepared to make swift decisions to secure desirable listings.

What This Means for Buyers

Buyers should focus on securing financing and be ready to make competitive offers, as homes that hit the market at attractive price points are moving quickly. Timing and preparation are crucial in this market to take advantage of the available opportunities.

Jason’s Take

This week, the luxury market in Forest Hills is still thriving, with a good number of active listings and a decent turnover of sold homes. The interest remains strong, especially for well-presented properties.

For sellers, this is an excellent time to list your home if it’s priced correctly. Buyers are eager, and the market is responding positively to homes that are positioned well in terms of price and presentation.

If you’re considering a purchase, being proactive is key. The competition is real, and having your financing lined up can give you an edge in closing deals quickly.

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. He helps buyers and sellers throughout Forest Hills, Ada, Cascade, Grand Rapids, East Grand Rapids, Byron Center, Jenison, and surrounding West Michigan communities.

Jason began his real estate career in Chicago in 2004, later expanding his experience in Ann Arbor from 2014 to 2019, and has been serving clients in the Grand Rapids area since 2019.

With over 20 years of combined real estate experience across multiple markets, Jason focuses on helping clients make clear real estate decisions involving pricing, offer terms, inspections, appraisals, relocation timing, and buy-sell planning.

Industry Recognition

Jason is recognized by platforms and industry organizations including Zillow, Grand Rapids Magazine Real Estate All-Stars, and Real Producers for his work serving West Michigan buyers and sellers.

Jason also supports One More Moment, a nonprofit that grants wishes to late-stage cancer patients, by donating $100 for every successful closing.

Professional Disclosure

Jason Pohlonski
Michigan Licensed Real Estate Salesperson
License Verification: Verify Michigan License #6501386166
Brokerage: Keller Williams Grand Rapids East
Brokerage Office: 1555 Arboretum Dr. SE, Grand Rapids, MI 49546

📱 Call or text: 616-916-9770
📅 Schedule consultation:
https://calendly.com/pohlonskirealestate/30min
📧 Email: jpohlonski@kw.com

This market report reflects available real estate data and local market observations for Forest Hills, Ada, Cascade, Grand Rapids, and surrounding West Michigan communities at the time of publication. Market statistics can change as listings are updated, corrected, closed, withdrawn, or reported after publication.

This market report is for general informational purposes only and is not legal, tax, financial, insurance, engineering, inspection, or appraisal advice. Buyers and sellers should consult qualified professionals before making decisions involving financing, insurance, inspections, taxes, legal issues, property risk, or valuation.