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Forest Heights Housing Report May '10

Forest HeightsB is next to Bonny Slope and it cannot be surprising that what Bonny is experiencing…Forest Heights has it a bit worse. May had 106 active listings with 9 closed transactions.B With a sell through rate of 8.5% compared to the highest point in 17 months when it peaked at 13.4% sell through in December ’09 of all times. With an average sales price of $579k and homes closing at an average of -10% under the most recent list price…it’s time for some ‘come to market’ conversations to happen.B
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