Forest Highlands Golf Community, Flagstaff, AZ - 2008 Real Estate Market Performance

By
Real Estate Agent with Realty ONE Group

Forest Highlands real estateForest Highlands located in Flagstaff Arizona is a fabulous community. It features two golf courses - The Canyon Course (ranked #1 in Arizona) and the Meadows Course. In addition to golf, there are two clubhouses, two pools, a tennis complex, a fitness center, miles of jogging and biking trails, stocked fish ponds and so much more. It is located just off of the I-17 near Flagstaff's Pulliam airport so access from Phoenix, Scottsdale and other Valley cities is easy. Although the bulk of activity centers around the summer months, where it typically is about 20 degrees cooler than the Valley, there are plenty of winter sports to keep you busy as well. 

As far as home selection at Forest Highlands, there is plenty to choose from. Homes range from 2 bedroom cottages on smaller lots all the way to multi-million dollar homes on large lots. Also, you can select between Canyon course homesites and Meadows course homesites. There are also a variety of lots for sale if you prefer to build your own mountain retreat.

At the end of 2008, there were 54 active homes for sale at Forest Highlands. They ranged in price from $600,000 to $2,995,000. 

Forest Highlands Active Homes for Sale - As of 1/1/09
Number of Homes:                       54
Average Asking Price:                  $1,326,574
Average Asking Price/Sq. Ft:        $357.89 

 

Home sales in 2008 ranged from $560,000 for a 3 bedroom, 2 bathroom 1,918 square foot home to $1,900,000 for a brand new 4 bedroom, 4.5 bath, 5,046 square foot home.

Forest Highlands Real Estate Performance -Homes Sold in 2008
Number of Homes:                        24
Average Sales Price:                     $894,590
Average Price/Sq. Ft:                    $316.17
Average Days on Market               224
Sale Price to List Price                   91%

To see the original post or to learn more about Scottsdale and the surrounding areas, please visit Scottsdale Real Estate News & Lifestyle. To learn more about Forest Highlands or any of the other Flagstaff golf communities, please feel free to contact me.

Disclaimer:
Information herein deemed reliable but not guaranteed. Data and information were pulled from the Arizona Regional MLS (ARMLS) as of 1/1/09 and are subject to change at any time.
Copyright © 2009 Heather Tawes Nelson

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Heather Tawes Nelson

Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
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