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.
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
_____________________________________________
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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
________________________________________________________
Even though I do not know your area I like to read the stats from differnet places.
hope all is well
your friend in Charlottesville Virginia!
I love new condo projects and also conversions, but how are you getting around the FHA financing requirements? Very hard to get a loan these days on condos that don't have at least 50% sold already.
Charles: I also like to see the activity it think it gives me an idea of the national economy.
Todd, Wehave had so few new projects in our area I haven't run into the problem.