Grand Rapids Michigan Real Estate Blog

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Ada Michigan Dec 2008 Absorption Report ~ Ada Moorings

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.

 Bike path Ada Township Park in Ada MI

         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. 

 

Ada Moorings Market Report Oct 2008 

Ada Moorings Market Report Sept 2008

Ada Moorings Market Report Aug 2008

Ada Moorings Market Report July 2008

Ada Moorings Market Report June 2008

 

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

in receiving.

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

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Comment balloon 0 commentsTerry & Bonnie Westbrook • December 30 2008 03:39PM
Ada Michigan Dec 2008 Absorption Report ~ Ada Moorings
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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… more
Forest Hills MI Absorption Report Dec 2008 ~ Cascade Woods
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Cascade Woods is an established neighborhood of large, executive style homes in Cascade Township, MI Most of these homes were built in the 1960's and 1970's, although there are a few newer homes that were built recently in the… more
Ada Michigan ~ Absorption Report Dec 2008 ~ Ada Woods Homes
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Ada Woods is an established development of homes in Ada, Michigan just west of Ada and south of Fulton Street (M46). Ada Woods started out as an E. L. Ladd development, but towards the end of the project many lots were sold… more
Forest Hills MI Absorption Report ~ Dec 2008 ~ East Village Homes
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The East Village subdivision off Ada Drive in Ada Township is a fairly new development. The new housing construction started in 2005 and is still continuing to date. You can buy a resale home or a new home in this centrally… more
Forest Hills Michigan Absorption Report ~ Dec 2008 ~ The Watermark…
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Grand Rapids MI Absorption Report ~ Dec 2008 ~ Tamarron Estates in…
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Ada MI Absorption Report ~ Clements Mill ~ Dec 22, 2008
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Caledonia Michigan Absorption Report ~ Dec 22, 2008
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Forest Hills MI Absorption Report ~ Dec 18, 2008
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Forest Hills is actually a school district in Ada Cascade MI. This market is always active. These Grand Rapids suburban communities have wonderful neighborhoods, some new and some older with prestigious Forest Hills Public … more