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Forest Hills, MI ~ Forest Hills Gardens ~ Real Estate Market Report ~ September 2008

By
Real Estate Agent with Westbrook Realty Broker-Owner

Forest Hills Gardens is located between Ada Drive and Hall Street just

west of Forest Hills Central High School.  This well established

development of about 200 homes was built in the 1960's and 1970's

with a few of the homes bordering on Paradise Lake, pictured below.

Many of the homes are still occupied by their original owners, though

 the neighborhood is starting to turn over with younger families being

attracted to the quiet neighborhood in an excellent location, close to

 local public and private schools. It is literally walking distance to

Forest Hills Central Middle and High Schools.  Ada Christian is a short

distance away on Ada Drive.  Forest Hills & 28th Street shopping

are just minutes away by car.

 

      Forest Hills Gardens Residential Real Estate

              Sept 2008 Market Report

               3 Sold, 1 Pending, 1 For Sale

 

   paradise Lake Ada mi 49546


Address                   Status     Sq Ft   Price       $/SqFt  DOM 

957 Paradise Lake  For Sale 1282 164,900  128.62  117

901 Paradise Lake  Pending 1619 169,900  104.94     7

5630 Far Hill Dr       Sold      2324   213,500    91.86   7 

1061 Paradise Lake  Sold    1866   117,900    63.18   8

849 Paradise Lake    Sold   1200  158,000  131.66    33

 

The average price for Forest Hills Gardens sold homes is $163,133.

The average price per square foot for Forest Hills Gardens sold

homes is $ 95.57.

The average days on the market for Forest Hills Gardens sold

homes is 24 days. 

 

The Ada area growth trends remain strong. Ada Township planner,

Jim Ferro states that the Ada population has grown by 20% since 2000.

There is a new proposed 80 condo units - Villas of Ada going in next

door and Stone Falls of Ada - a 210 unit apartment complex, currently

under  construction a short distance away on Spaulding Ave.

Both of these new developments are quite close to Adacroft Commons

and Forest Hills Gardens. 

If you have questions about Forest Hills homes, please

contact me directly.

 

Grand Rapids Ada Real EstateWestbrook Realty 

 Copyright 2008 All rights reserved

Paradise Lake photo by Bonnie Westbrook

 

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