Forest Hills Weekly Market Report —May 2, 2026
This week’s real estate landscape in Forest Hills reveals a stark contrast between rising list prices and slowing sales. With 57 active listings competing for buyer attention, the six homes that sold indicate a selective market. The pending listings signal that while motivation exists, buyers continue to be discerning.
Market Snapshot
- Active Listings: 57
- Pending / Under Contract: 15
- Homes Sold: 6
- Average List Price: $946,881
- Average Sold Price: $548,967
- Sale-to-List Price Ratio: 0.99
- Average List Price Per SqFt: $395.52
- Average Sold Price Per SqFt: $317.47
- Average Days on Market: 27
- Cumulative Days on Market: 27
- Highest Sale: $940,000
- Lowest Sale: $289,900
Weekly Commentary
This week highlighted the divide in buyer action within the Forest Hills market. With six sales logged, it’s clear buyers are proceeding with caution. Despite this, the presence of 15 pending listings showcases active engagement and interest, suggesting that while closed sales may be low, there’s still a readiness to invest.
This situation hints at a market that may currently favor buyers, especially for those looking at competitively priced homes which are still moving. However, there’s potential for underpricing as several listings remain active, so strategizing with a clear focus is crucial.
What This Means for Buyers
For buyers, this week signals an opportunity to negotiate more effectively. With many active listings and a slower sales pace, consider making offers on homes that may seem overpriced. Being proactive on the listings that generate interest can put you ahead of the competition, especially as some buyers may hold back.
Right now in Forest Hills, we’ve got a situation where buyers are clearly being selective. With several properties lingering on the market, buyers are definitely looking for value. It’s not just about finding a house; it’s about finding the right deal.
For sellers, this means pricing strategically is crucial. If your home isn’t priced right, it might just sit while others move. However, if you can price it to attract buyers’ attention, it will sell, even in this climate.
The takeaway? Buyers should capitalize on the slower sales to make bids that reflect true market value. Approach with confidence, and don’t be afraid to negotiate — homes that are priced right are still seeing action.
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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