Grand Rapids Michigan Real Estate Blog

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Ada Michigan Neighborhood Real Estate Market Report - Adatowne - Jan-Dec 2009

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.

Ada Drive Ada Michigan

 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

_____________________________________________________________________________________________________

 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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

 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

Ada Michigan Absorption Report ~ Adatowne ~ March 2009

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.

 Ada Drive Ada Michigan

 Adatowne Residential Neighborhood in Ada, Michigan

        March 2009 Real Estate Market Report

                    4  Sold, 3 Pending, 3 For Sale

 Adatowne Active Listings: 3

Adatowne Average Active price - $158,433

Adatowne Active average price/SqFt - $105.14

Adatowne Active average days on market - 51

 

Adatowne Pending: 3

 

Adatowne Sold Listings: 2

 Adatowne Average Sold Price - $ 119,000

 Adatowne Average sold price/SqFt - $ 91.00

Adatowne Average Sold days on market - 40

 

MARKET SYNOPSIS:  Absorption Rate for Adatowne is 4.2 months,

which means it would take 4.2 months for the 3 active listings to sell,

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

statistics.  The price per square foot here really tells the story: Active

listings are averaging $ 105/sqft and sold are averaging $ 91/sqft.

With the new trend of consumers downsizing and the popularity of

Forest Hills Schools, the real estate market should remain strong

and viable for Adatowne homes, as long as they are in "great

condition" and priced at less than $100 sq ft.

 

If you would like more information about Ada or Grand Rapids

 Homes, please feel free to contact me directly.

 

 

Adatowne Market Report Sept 2008

Adatowne Market Report Jan 2009

 

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Ada MI  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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

 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

Ada, MI ~Real Estate Market Report August 2008 ~ Adatowne

Adatowne is a popular entry level home market in the Ada 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 2008 Real Estate Market Report   

           8  Sold, 0 pending, 2 For Sale

 

  adatowne residential neighborhood ada mi

 

 Address             Status      Price       Sq Ft       $/Sq Ft     DOM

448 Adapointe  For Sale   174,900   1984        88.15         20 

6873 Adaside    For Sale    149,900   1264     118.59         12 

6705 Adaridge      Sold       143,900      1056      136.26      74 

7028 Adaridge      Sold       149,900      2116        70.84        8 

6869 Adaridge      Sold       115,000        988       116.39     20 

6885 Adaridge      Sold       124,000      1270         97.63     81  

6966 Rix St.           Sold       119,625      1052       113.71     119 (F) 

6674 Adaridge      Sold       142,000      1056       134.46     151 

6824 Adaside        Sold       142,600      1028       138.71     260

6767 Adaridge      Sold        154,500     1300       118.84       20

(F) = Foreclosure

135 homes have sold in AdaTownship in 2008

Average price is $309,080

 

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 development -

 Villas of Ada  and Stone Falls of Ada - a 210 unit apartment

complex, currently under construction here.  Both new sites plan

on being open in 2009. 

 

If you would like detailed information about Ada Homes, please feel free

to contact me directly.

_____________________________________________________________________________________________________

 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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

 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

Adatowne, Ada Michigan ~ July 2008 Market Report ~ Residential Real Estate

Adatowne is a popular entry level home market in the Ada area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, and close

 to the village of Ada. Adatowne is an established subdivision, being

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

    July 2008 Stats for Residential Real Estate        

           8 homes sold, 0 pending, 0 for sale

 

  adatowne residential neighborhood ada mi

 

 Address             Status      Price     Sq Ft         $ / Sq Ft     DOM

 

6705 Adaridge      Sold       143,900      1056      136.26        74 

7028 Adaridge      Sold       149,900      2116        70.84           8 

6869 Adaridge      Sold       115,000        988       116.39        20 

6885 Adaridge      Sold       124,000      1270         97.63        81  

6966 Rix St.           Sold       119,625      1052       113.71     119 (F) 

6674 Adaridge      Sold       142,000      1056       134.46     151 

6824 Adaside        Sold       142,600      1028       138.71     260

6767 Adaridge      Sold        154,500     1300        118.84       20

(F) = Foreclosure

 

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 development -

 Villas of Ada  and Stone Falls of Ada - a 210 unit apartment

complex, currently under construction here.  Both new sites plan

on being open in 2009. 

 

If you would like detailed information about Ada Homes, please feel free

to contact me directly.

_____________________________________________________________________________________________________

 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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

 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

Ada MI ~ June 2008 ~ Adatowne Real Estate Market Report

Adatowne is a popular entry level home market in the Ada area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, and close to

the village of Ada. Adatowne is an established subdivision, being 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.

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 Neighborhood  Ada, Michigan

                          June 2008 Stats  Real Estate        

                           5 homes sold, 1 pending, 1 for sale

 

      adatowne neighborhood ada mi

 

 Address                      Status           Price          Sq Ft          Cost/SqFt       DOM

 

6705 Adaridge          For Sale        143,900      1056    136.26             74 

7028 Adaridge          Pending        149,900      2116      70.84                8 

6869 Adaridge           Sold            115,000        988     116.39              20 

6885 Adaridge           Sold            124,000      1270       97.63              81  

6966 Rix St.              Sold            119,625      1052      113.71             119

6674 Adaridge           Sold           142,000       1056      134.46             151 

6824 Adaside Dr        Sold           142,600       1028      138.71             260

 

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 - Villas of Ada and Stone Falls of Ada - a 210 unit apartment

 complex, currently under construction here in Ada.

 

 

If you would like further information about Ada Homes, please contact me,

Terry@TerryWestbrook.com, toll free at 1-888-240-1968 ext 0

 

Grand Rapids Real Estate -  Westbrook Realty 

 Copyright 2008  All rights reserved

photo of Adatowne - Adaridge - Rix Street Entrance 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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

 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

Ada, Michigan 4 Bedroom in Forest Hills School District ~Too Late ~ SOLD

Four Bedroom Ranch in Ada Michigan with lots of finished square footage, including a 4th Bedroom and full bath downstairs. The yard is fenced, a large deck on the back, and has a home warranty for extra coverage of some major items, should they fail in the next year.

                     6705 adaridge ada mi 49301

A great location within walking distance of downtown Ada, Ada Elementary School, and the Ada trails. Set in a wonderful neighborhood with shopping and other amenities close by. Mature trees and many upgrades on this home.

ada mi homes for sale        

Lots of room in the back yard for gardening or  sports activities.   

 

6705 adaridge ada mi 49301

 

Offered at $ 143,900                         MLS # 716977

 

 

   Search Grand Rapids Homes for Sale  

   Featured Grand Rapids Homes     

   Greater Grand Rapids  Area Information                                                      

   Copyright by Terry Westbrook 2008

    Contact me: 1-888-240-1968 x 0   toll free  

    Website url: Terry Westbrook.com  

    Email:  terry@TerryWestbrook.com

_____________________________________________________________________________________________________

 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.  Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

 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