Ada Michigan Neighborhood Real Estate Market Report – Adacroft Commons Jan-Dec 2009

Ada Michigan Neighborhood Real Estate Market Report -AdaCroft Commons  Jan-Dec 2009

The Ada area growth trends remain strong. Ada Township planner,

Jim Ferro states that the Ada population has grown by 20% since

2000. The new 80 unit condo site – Villas of Ada and Stone Falls of Ada

– a 210 unit apartment complex, currently under construction here.

Both of these new developments are quite close to Adacroft Commons.

Adacroft Commons Real Estate

Jan-Dec  2009 Market Report

2 Sold, 4 For Sale, 1 Expired, 1 Pending

Adacroft Commons Entrance Ada MI 49301

Adacroft Commons Active Listings: 4

Adacroft Commons Active Price – $174,200

Adacroft Commons Active Price/SqFt – $120.46

Adacroft Commons Active Days on Market -61

Adacroft Commons SOLD Listings: 2

Adacroft Commons average sold price – $ 187,00

Adacroft Commons average sold price/SqFt – $95.99

Adacroft Commons average sold days on market –13

Adacroft Commons Pending Listings: 1

Adacroft Commons Expired Listings: 1

There are 4 current homes for sale in Adacroft Commons neighborhood

listed on the local MLS board.  This is a desirable area to live, with its

close proximity to Forest Hills Schools & Ada Christian School.

Market Synopsis: Adacroft Commons Homes are selling for under $100/SqFt.

This neighborhood Absorption Rate is 16 Months, sales activity has slowed

considerably.  Homes that are in great condition and priced appropriately

have the best chance of selling in this buyer’s market.

Forest Hills Michigan Real Estate Market Reports

If you have detailed questions or just need general information

about Grand Rapids or Ada Homes, please contact me directly.

terry@terrywestbrook.com

or call 1-888-240-1968 ext 0

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

_____________________________________________________________________________

The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in West

Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

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Contact Terry   616-292-7263

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