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Real Estate at a Glance in Forest Hills of Coral Springs Florida

What’s happening with the Real Estate market in Forest Hills? Find out more here where I’ll discuss average home prices, how long homes are taking to sell in Forest Hills and much more!  Knowing these current local market stats and trends allows any Forest Hills’  homeowner to know what to anticipate when they’re ready to sell a home.

Sell home in Forest Hills of Coral SpringsLet’s start by looking at the most recent sales and the year to date of 2015.

Here are the recent months reported sales in Forest Hills:

April had 2 homes sold with an average price of $296,000.  Average # of days on the market before the homes sold were 12 days.

March had 3 homes sold with an average price of $246,517. Average # of days on the market before the homes sold were 25 days.

February had 3 homes sold with an average price of $270,667. Average # of days on the market before the homes sold were 70 days.

January had 2 sold homes with an average price of $303,162.  Average # of days on the market before the homes sold were 66 days.

Compare this year’s homes sales activity to 1 year ago April 2014, the average home sales price was $202,299 and homes were on the market for an average of 176 days. Good news for homeowners in Forest Hills if your plans are to sell a home now as you see home sales prices have increased and homes are selling faster. Now is a great time to sell in a Seller’s market with rising home prices.

The current Real Estate market in Forest Hills reflect a Seller’s market where the absorption rate is 3%. An absorption rate indicates how many months of inventory of homes are available in any given market, which can vary by city and neighborhood.  As the name implies, a Seller’s market favors homeowners looking to sell a home.  The current inventory of homes for sale in Forest Hills will take 3 months to sell if no other homes enter the market listed for sale.  Forest Hills homes are in demand by Buyers.

If you’re considering selling your home, what is it that you must do to get your home ready to sell, how do you price a home for sale, what can you anticipate from the home selling process and I’m sure you have a lot of other questions.  As a Realtor who sells homes in Forest Hills of Coral Springs, I’d be happy to answer your questions.

There are currently 6 homes for sale in Forest Hills, shown below:

9095 NW 24 CT $359,900 3 bed/ 2 bath

8644 NW 24 CT $319,900 3 bed/ 2 bath

8455 NW 29TH CT $250,000 4 bed/ 2 bath

2640 NW 83RD TER $219,900 3 bed/ 2 bath

8539 NW 23RD MNR $164,900 3 bed/ 2 bath

9002 NW 23 ST $157,500 3 bed/ 2 bath

Book an appointment now to learn more about selling a home in Forest Hills of Coral Springs Florida or to find out more about the homes listed for sale in Forest Hills above. Call/Text Lynn at 954-464-1100 or email Lynn at LynnP@ImagineYourHouse.com

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Today’s market report “Real Estate at a Glance in Forest Hills of Coral Springs Floridawritten by Lynn Pineda. You’ll find Lynn selling homes in Forest Hills of Coral Springs Florida and nearby Coral Springs’ neighborhoods.

Lynn Pineda, a licensed Southeast Florida Real Estate Agent serving Coral Springs Florida and surrounding Southeast Florida.  Keller Williams Coral Springs Realty.  May 19, 2015. Real Estate Promises Delivered.  You can speak with Lynn by calling/texting her at 954-464-1100 or you can email her at: LynnP@ImagineYourHouse.com if you need to buy or sell a Southeast Florida home. Your local, trusted professional when it’s time to buy or sell a home.  Real Estate promises delivered.

 


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