Washington, DC's Forest Hills: 2011 Market Report

If you like woods, you'd love Forest Hills. And if you like to be near great restaurants, book stores and other fun, you'll really like Forest Hills. It's a neighborhood just north of the Van Ness Metro station east of Connecticut Avenue.

The homes in this neighborhood are quite spectacular. One even has it's own ballroom!

Here is the basic sales data comparing 2011 with the prior year:ore homes sold in 2010:

More homes sold in 2011, and they sold in much less time than in 2010. But the prices tended to be lower.

The 2010 average may have been skewed a bit by the sale of one very large estate, but the median price also fell by $62,500.

Did your home increase or decrease in value? Looking at the average and median prices give you an idea of market trends, but they may just mean that fewer very high end homes sold last year. To get an answer, you really need a market analysis prepared by a real estate professional.

Whatever the numbers are doing, it is a wonderful neighborhood with a great deal to offer. If prices are down, it is a great opportunity to buy something now that is likely to increase in value as the market begins to recover.

There are eight homes currently on the market, and if you are looking for an upper brackets home, you could find something beautiful that is an excellent value.

If you are planning a move to or from the Washington, DC area, I can help! I am licensed in the District of Columbia, Maryland and Virginia. You may call, email or text me at:

Housepat@mac.com, 202-549-5167

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