Grand Rapids Michigan Real Estate Blog

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Ada Michigan Neighborhood Real Estate Market Report - Adacroft Commons April 2010

 

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-April  2010 Market Report

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

Adacroft Commons Entrance Ada MI 49301

Adacroft Commons Active Listings: 2

Adacroft Commons Active Price – $172,450

Adacroft Commons Active Price/SqFt – $113.17

Adacroft Commons Active Days on Market -155

Adacroft Commons SOLD Listings: 2

Adacroft Commons average sold price – $ 150,750

Adacroft Commons average sold price/SqFt – $87.61

Adacroft Commons average sold days on market –117

 

 

Market Synopsis: Adacroft Commons Homes are selling for under

$100/SqFt.  The neighborhood Absorption Rate is 3 Months, sales

activity has slowed considerably and prices are lower than last year.

The key is “Home Condition”.  If you still have the 1970’s and 80’s

kitchen, baths, and decor, you aren’t going to get top dollar for

your Adacroft home.  If your home is priced appropriately,

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

Forest Hills Michigan Real Estate Market Reports  2010

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

Adacroft Commons Entrance Photo 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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Comment balloon 1 commentTerry & Bonnie Westbrook • May 06 2010 02:30PM
Ada Michigan Neighborhood Real Estate Market Report - Adacroft…
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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… more
Ada, Michigan Neighborhood Real Estate Market Report - Adacroft…
share
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… more
Forest Hills Michigan Neighborhood Real Estate Market Reports ~…
share
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… more
Grand Rapids MI Absorption Report ~ Adacroft Commons ~ Jan 2009
share
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… more
Ada MI ~ August 2008 Real Estate Market Report ~ Adacroft Commons
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Adacroft Commons is a popular home market in the Ada area. Part of the appeal is the proximity of Forest Hills Central 5/6 School, Middle School, High School & Ada Christian School, which are within walking distance. Adacroft… more
Adacroft Commons, Ada Mi ~ July 2008 Market Report ~ Residential Real…
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Adacroft Commons is a popular home market in the Ada area. Part of the appeal is the proximity of Forest Hills Central 5/6 School, Middle School, High School & Ada Christian School, which are within walking distance… more
Adacroft Commons Ada MI Real Estate Market Report June 2008
share
Adacroft Commons Ada MI Real Estate Market Report June 2008 Adacroft Commons is a popular home market in the Ada area. Part of the appeal is the proximity of Forest Hills Central 5/6 School, Middle School, High School & Ada… more