Ada Moorings is located off Grand River Drive, just east of Ada
and close to Ada Township Park. A recent development by
Eastbrook Builders, these quality built homes are in Forest
Hills Public School District. Close to the village of Ada and not
far from the village of Cascade,this subdivision is near 28th
Street shopping, the Thornapple and the Grand Rivers.
Ada Moorings Market Report October 2008
7 For Sale, 9 Sold, 1 Expired
Ada Moorings Active Listings: 7
Ada Moorings average active price - $248,486
Ada Moorings average active price /SqFt - $ 126.50
Ada Moorings average days on market - 115
Ada Moorings SOLD Listings: 9
Ada Moorings average sold price - $ 243,322
Ada Moorings average sold price/SqFt - $ 125.69
Ada Moorings average sold days on market - 88
The Absorption Rate for Ada Moorings Homes is 9.3
months, which means if no new listings come on the
market it will take 9.3 months for the existing homes
to sell at the current rate of sales.
The average list price has dropped $20,000 in the last
quarter of the year, which means sellers are much closer
to the actual market price than they were before.
The average sale price has dropped about $4000.
If you would like further information about the value of your Ada or
Grand Rapids Home, please contact me directly.
If you would like these monthly reports emailed to you,
please send your email address and in which report you are interested
Grand Rapids MI Real Estate - Westbrook Realty
Copyright 2008 All rights reserved
photo of the Grand River in Ada 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. We believe: Grand Rapids is a Great Place to Live!
Contact Terry 616-292-7263