Grand Rapids Michigan Real Estate Blog

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 Active Listings: 4

Adacroft Commons Active Price - $174,200 183,233

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  2009

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

Grand Rapids MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

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

 Adatowne Residential Neighborhood in Ada, Michigan

   Jan- December 2009 Real Estate Market Report

          7  Sold, 0 Pending, 2 For Sale, 3 Expired

 Adatowne Active Listings: 2

Adatowne Average Active price - $132,450

Adatowne Active average price/SqFt - $87.71

Adatowne Active average days on market - 111

Adatowne Pending: 0

Adatowne Sold Listings: 7

 Adatowne Average Sold Price - $ 134,400

 Adatowne Average sold price/SqFt - $90.01

Adatowne Average Sold days on market -100

MARKET SYNOPSIS:  Absorption Rate for Adatowne is 3.44 months,

which means it would take 3.44 months for the active listings to sell,

if no other homes entered the market, according to current sales

statistics.    Price per square foot has went up for both sold

and active listings this year, though average sold price went down

by $30K.  The market here was all over for price, topping at $133/SqFt

 to a bargain $55 a sq ft.  The larger  homes brought the best price

 per sq ft for sellers.  Condition continues to be the difference

between getting the best price and selling at rock bottom.

Ada Michigan Real Estate Reports  2009

If you would like more information about Ada or Grand Rapids

 Homes, please feel free to contact me directly.

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Ada MI  by Bonnie Westbrook

          Catamount properties are in the rolling hills adjacent to the Grand River

in the northern section of Ada Township in a gated community with privacy

 and wooded acreage.  Executive style homes with lots of room for

entertaining and all the custom extras  that make a home luxurious

are the norm here.  If you  are searching for a prestigious address,

this could be what you are looking for, as it is one of the most affluent

neighborhoods in the Grand Rapids area.  

                      Catamount Market Report Jan-Dec 2009

                          4 For Sale,  5 Sold, 8 Expired

Catamount Active Listings: 4

Catamount average active price - $712,425

Catamount average active price /SqFt - $ 200.72

Catamount average days on market - 75

Catamount SOLD Listings: 5

Catamount average sold price - $ 592,350

Catamount average sold price/SqFt - $ 207.54

Catamount average sold days on market - 142

Catamount Pending Listings: 0

The Absorption Rate for Catamount Homes is 10 months, which means

 if no new listings come on the market it will take10 months for the

existing homes to sell at the current rate of sales.  The average sold price 

dropped in 2008 and into 2009.  The average list price is $100K higher

than current selling price.  5 homes sold in the last 12 months, with 4

 homes for sale in this neighborhood.  Prices have eroded from 3-4 years

ago as is typical all over the area.

Foreclosure and short sale homes have likely affected the average price. 

 Homes on the upper end of the market are slow to sell in the current

economy, as the 5 sold and 8 expired homes for this Ada neighborhood

shows.

 

Additional Ada & Forest Hills Articles:

Ada Michigan Real Estate 2009

Forest Hills Michigan Real Estate 2009

 

 

If you would like further information about the value of an Ada or

Grand Rapids Home, please contact me directly at:

1-888-240-1988 ext 0 or email: terry@terrywestbrook.com

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Roselle Park in Ada Michigan along the Grand River is  247 acre park that is

a dedicated Natural Habitat Refuge.  On a rainy Saturday a few weeks

ago, we stopped and took  a few photos.  It was cold and windy but

the fall colors were great.  We walked on one of the trails along the Grand

River. A very peaceful place to visit. Dogs on leashes are welcome.

 These silos were left from the previous owner of the property. The one with

the stars on top has been made into a 9 story observation tower. 

This stone states that Roselle park is dedicated the people of Ada Township

 View from the observation tower toward the Grand River

 On the walking trail along the river.

The Grand River, the longest river in Michigan. It starts near Hillsdale MI and

winds it's way north then west, eventually emptying into Lake Michigan.

This spot is just north of the confluence of the Thornapple River at Ada MI.

Roselle Park Nature Preserve on the Grand River

Roselle Park Flood Stage Spring 2009 Video

Roselle Park Photos

Nature has so many lessons to teach us.  We don't always pay attention to what

she is saying but when we do....we have a chance to share a moment of clarity and

wisdom.  On our excursion through the Grand Rapids area yesterday, we encountered

this maple tree.  How many times have we sped past and not noticed it?

Hundreds, probably.  Why did we notice it yesterday?

It shone out its brilliant yellow light on a rainy day, saying:  Look at me!  In a few days

my golden leaves will be on the ground, so notice me today....right now!

We did. We stopped to take a photo and share it with you.  Each day we have the

opportunity to notice and appreciate the beauty around us.

Ada Township Park Participates in Connecting Families with Nature

Saturday Sept 19, 2009 ~ Free Ada MI Event

The Kent Conservation District is holding a Kick Off Event for their

Nature Passport Program. These local events will be  held at local

parks and Nature Areas this fall.  The events are to encourage

families to enjoy outdoor activities and your local park resources.

Ada Township Parks and Recreation - Invites families throughout

Kent County to come out and enjoy a family day at Ada Township

Park.  You can pick up your "Passport for Adventure".  Check in

at the Park Shelter to register and get your "Passports" and then

you can have a range of free activities for your day at the park.

Saturday Activities include:

• Learning Center with nature artifacts and hands on science exhibits
• Free racquets to borrow for tennis and pickle ball
• Nature trails through woods and prairie with interpreters
• Paved bike paths for walking & biking
• Free fishing poles and bait to borrow at the fish pond
• Scavenger hunts in the Arboretum
• Balls for playing basketball & soccer
• Plus additional fun ideas to help you enjoy your day at the park

Event Information :

Location Ada Park 1180 Buttrick Ave.  Ada MI 49301

Date/Time: Sept 19, 2009  10am to 2pm

Additional Saturday Sept 19 Events are planned at these Nature Centers:

Blandford Nature Center

Calvin College Ecosystem Preserve

Howard Christensen Nature Center

Wittenbach/Wege Agri-Science and Environmental Education Center

John Ball Zoological Park

Kent Conservation District Link

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

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

2000. There is a new proposed 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

                   August  2009 Market Report

                  2 Sold, 3 For Sale, 0 Expired, 0 Pending

Adacroft Commons Active Listings: 3

Adacroft Commons Active Price - $183,233

Adacroft Commons Active Price/SqFt - $124.32

Adacroft Commons Active Days on Market -70

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 Expired Listings: 0

There are only 3 current homes for sale in Adacroft Commons

listed on the local MLS board.  This is a desirable area

to live, with its close proximity to Forest Hills Central Middle &

High Schools.  In the above stats you can see that homes are

selling for under $100/SqFt.  This neighborhood hasn't seen any sales

since April 2009, so 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  2009 

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

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

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

        August 2009 Real Estate Market Report

                    1  Sold, 0 Pending, 2 For Sale

 Adatowne Active Listings: 2

Adatowne Average Active price - $134,900

Adatowne Active average price/SqFt - $87.62

Adatowne Active average days on market - 34

Adatowne Pending: 0

Adatowne Sold Listings: 1

 Adatowne Average Sold Price - $ 166,900

 Adatowne Average sold price/SqFt - $ 78.73

Adatowne Average Sold days on market - 88

MARKET SYNOPSIS:  Absorption Rate for Adatowne is 8 months,

which means it would take 8 months for the active listings to sell,

if no other homes entered the market, according to current sales

statistics.    Price per square foot has went down for both sold

and active listings this summer.  The market here was brisk in the

winter and last spring but has slowed considerably this summer.

Not sure if this is an anomaly or due to home condition.

Ada Michigan Real Estate Reports  2009

If you would like more information about Ada or Grand Rapids

 Homes, please feel free to contact me directly.

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Ada MI  by Bonnie Westbrook

The East/West  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 located housing development.  Near both public and

private schools, East Village is also close to  Forest Hills and 28th

Street shopping areas. The Ada Bike or Walking Trail also connects

this area on Ada Drive with the village of Ada, Grand Rapids, and the

village of Cascade.

East Village is also close to the I96 expressway for easy access to many

different parts of our greater Grand Rapids area.  Large, executive style

homes with many amenities and extras are the rule in this neighborhood.

If you would like to start with a brand new house in Forest Hills,

this may be the place for you to call home.

Real Estate Market Report East-West Village August 2009

For Sale: 4

East Village Homes average list price: $ 464,725

East Village average price/sq ft (main floor): $ 175.63

East Village average days on the market: 63 days

Pending Sales : 1

Sold Homes : 5

East Village SOLD homes average price: $ 405,780

East Village SOLD homes average price/sq ft: $144.04

East Village SOLD homes average days on market: 108 days

Expired: 8

Market Synopsis: East -West Village Homes are selling, if priced correctly.

Buyers are paying from $115-160/SqFt on the main floors, which is down from

last summer's prices.  New construction is priced higher, so an existing

home should be priced lower per square foot than a new one.

The absorption rate for East -West Village is 5.3 months, which means

 if no new homes enter the marketplace, it will take 5.3 months

 for the current home inventory to sell.  This is a great rate for the

Grand Rapids area and most likely is due to the location in Forest Hills

School District and new construction offered.

Ada Michigan Real Estate 2009

Forest Hills Michigan Real Estate 2009

If you would like further information about East or West Village, Ada, or

Grand Rapids Homes, please contact me directly.

It seems there are free summer concerts everywhere this summer.

I have seen banners flying in small towns and villages all over Michigan.

What a great way to get out and enjoy the local parks, people

and scenery. Not to be outdone, Ada Michigan is joining the free

music offerings this summer in West Michigan.

Ada Historical Society is jumping on the proverbial "bandwagon"

with their Music on the Lawn Series.

Last Friday, they featured the Nowhere Band, which bills itself as a

Beatles tribute band.  Darn, we missed that but I plan on attending

some of the remaining concerts this summer.

All concerts are located at the Ada Historical Society

 7144 Headley St  Ada Michigan 49301     616-676-9346

Tuesday, August 18 - Java Jive - dance standards from ‘30s & ‘40s

Tuesday, August 25 -Ransom Street Band from Saint Cecilia's Society   

                                                              playing swing music

Tuesday, Sept 1 - Crossroads Country Band plays country & bluegrass

Grand Rapids -Ada Real Estate - Westbrook Realty

Copyright 2009  All rights reserved

Photo of Ada Historical Society Barns by Bonnie Westbrook