Forest Hills Homes for Sale: Inventory Increases Throughout the Neighborhood
It’s an exciting time for New York City buyers who are on the hunt for Forest Hills homes for sale. After an extended period of limited housing inventory, sellers are ready to list and buyers are showing up in full force in hopes of scoring their new digs in Forest Hills.
September 2020 Market Trends in Forest Hills
With COVID-19 unleashing devastating impacts on New York City, it’s no surprise to learn that the real estate market in Forest Hills was pretty quiet during the first half of 2020. Now that autumn is upon us, we can hear the rumble of the real estate market coming to life as inventory and sales soar.
Speaking of inventory, here’s some great news for Forest Hills buyers! This month’s active inventory is up nearly 75% from this time last year! That means that you’ll have plenty of Forest Hills homes for sale to put on your must-see list.
Here’s part two of the good news: The median list price remains relatively unchanged from this time last year! September 2020 is truly proving to be a buyer’s market in real estate.
What’s Available in Forest Hills?
Are you wondering what type of housing you could own in Forest Hills? The answer is, anything you want (within budget, of course!)! You’ll find these housing styles throughout Forest Hills:
Are you seeking an urban flair to your living arrangement? You might prefer to live the co-op lifestyle. Do you crave more space and privacy? One of Forest Hills’ stunning single-family Tudors might be for you.
Choosing Your Next Home
The real estate market is back in business, and the friendly streets of Forest Hills are waiting to welcome you as their newest resident. As sellers become more and more willing to put their home on the market amidst our “new normal,” buyers who are searching through Forest Hills homes for sale need to take steps to remain competitive. Mortgage preapprovals, savvy offers and the help of your trusted Forest Hills Realty agent will help you land your dream home in 2020!