Adatowne is a popular entry level home market in the Ada area of

the Greater Grand Rapids metropolitan area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, St Roberts

School and being close to the village of Ada. Adatowne is an

established subdivision, started in the early 1970’s by E.L. Ladd

Builders of Ada. I have held many open houses in these new plats

and sold many of the homes as new construction – to be built.

If you doubt the power of your home as an investment, a basic

ranch (about 1000 sq ft) sold  for $ 19,900 in 1975.

Adatowne Residential Neighborhood in Ada, Michigan

        November 2008 Real Estate Market Report

                    8  Sold, 1 Pending, 5 For Sale

Adatowne Active Listings: 5

Adatowne Average Active price – $149,120

Adatowne Active average price/SqFt – $113.36

Adatowne Active average days on market – 67

Adatowne Sold Listings: 8

Adatowne Average Sold Price – $ 136,975

Adatowne Average sold price/SqFt – $ 116.68

Adatowne Average Sold days on market – 96

171 homes have sold in Ada Township in 2008,

Average price is $304,411.  

MARKET SYNOPSIS: Not much has changed in Adatowne since last month.

We have one more home on the market,which has reduced the average price. 

With the new trend of consumers downsizing, the real estate market should remain

strong and viable for Adatowne homes, as long as they are in great condition

and priced at $116 a sq ft.

If you would like more information about Ada or Grand Rapids Homes,

please feel free to contact me directly.

Adatowne Market Report June 2008

Adatowne Market Report July 2008

Adatowne Market Report Aug 2008

Adatowne Market Report Sept 2008

Adatowne Market Report Oct 2008

Grand Rapids Ada MI Real Estate – Five Star Real Estate

Copyright 2008 All rights reserved

Photo of Ada MI fall foliage by Bonnie Westbrook