Grand Rapids Michigan Real Estate Blog

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Ada Michigan Real Estate Market Report ~ Ada Moorings ~ Feb 2009

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.

 Grand River Ada Michigan

                    Ada Moorings Market Report February 2009

                                3 For Sale,  9 Sold, 4 Expired

 

Ada Moorings Active Listings: 3

Ada Moorings average active price - $225,967

Ada Moorings average active price /SqFt - $ 121.78

Ada Moorings average days on market - 162

 

Ada Moorings SOLD Listings: 9

Ada Moorings average sold price - $ 243,211

Ada Moorings average sold price/SqFt - $ 125.24

Ada Moorings average sold days on market - 91

 

The Absorption Rate for Ada Moorings Homes is 3.3 months, which means if

no new listings come on the market it will take 3.3 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 2008 and into the 2009, which means sellers

are closer to the actual market price. The average sale price has stayed the

 same.  The market is good in Ada Moorings, 3.3 months is a great absorption

rate for the Grand Rapids Area.

 

Ada Moorings Market Report Dec 2008 

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 2009  All rights reserved

photo of the Ada Park Entrance in Ada  by Bonnie Westbrook

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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!

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Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

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