Grand Rapids Michigan Real Estate Blog

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Forest Hills Michigan Real Estate Market Report ~ Feb 2009 ~ Forest Hills Gardens

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 condo units - Villas of Ada going in next

door and Stone Falls of Ada - a 210 unit apartment complex, currently

under  construction a short distance away on Spaulding Ave.

Both of these new developments are quite close to Adacroft Commons

and Forest Hills Gardens.

 

                     Forest Hills Gardens  Market Report Feb 2009

                                      4 Sold,  3 For Sale, 1 Expired

Janpanese Maple Ada Michigan

The absorption rate for Forest Hills Gardens is 10.5 months, which

means if no new listings come on the market it will take 10.5 months

for the existing inventory of homes to sell at the current rate of sale.

 

Active Forest Hills Gardens Listings: 1

Average list price is $ 191,633

Average time on market is 60 days.

Average list cost/SqFt is $100.30

 

 Forest Hills Gardens Sold Homes :4

Average Sold Price: $162,475

Average price/Sq Ft: $96.47

Average days on the market: 20 days. 

 

If you have questions about Forest Hills or Ada homes,or

if you would like this market report emailed to your inbox,

please contact me directly: 1-888-240-1968 ext 0

 

Grand Rapids Ada Real EstateWestbrook Realty

 Copyright 2008 All rights reserved

Japanese Maple 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 6 commentsTerry & Bonnie Westbrook • March 04 2009 04:13PM
Forest Hills Michigan Real Estate Market Report ~ Feb 2009 ~ Forest…
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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. There is a new proposed 80 condo units - Villas of Ada going in next door and Stone Falls… more
Forest Hills Gardens Ada, Michigan ~ July Market Report
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Forest Hills Gardens is located between Ada Drive and Hall Street just west of Forest Hills Central High School. This well established development of about 200 homes was built in the 1960's and 1970's with a few of the homes… more
Forest Hills Gardens Ada MI Real Estate Market Report June 2008
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Forest Hills Gardens Ada MI Real Estate Market Report June 2008 Forest Hills Gardens is located between Ada Drive and Hall Street just west of Forest Hills Central High School. This well established development of about 200 homes… more