Clements Mill is a newer home development built by Eastbrook
Construction in the Ada MI area, started in 1999 and completed in
2003. Apart from newer homes, part of the appeal is the proximity
of Forest Hills Central Middle and High Schools, Forest Hills
Woodlands 5/6 School, St Roberts & Ada Christian Schools, which
are within walking distance.
Clements Mill is midway between the Village of Ada and Forest Hills
shopping area at Cascade Road and Forest Hills.
Ada's Clements Mill has seen steady to declining values in the short
time it has been built out. This is largely due to the current over
abundance of houses for sale in a soft resale market.
Clements Mill Market Report
January 2009
23 Sold, 7 For Sale, 12 Expired
Clements Mill Active Listings: 7
Average Active Price: $250,371
Average Active Price/SqFt: $121.52
Average Active Days on Market: 64
Clements Mill Sold Listings: 23
Average Sold Price: $275,421
Average Sold Price/SqFt: $122.27
Average Days on Market: 103
Clements Mill Expired Listings: 12
Average Expired Price: $263,408
Average Expired Price/SqFt: $ 126.19
Average Expired Days on Market: 165
Absorption Rate for Clements Mill homes is averaging
1.9 sold homes per month for 2008/2009 to date.
With 7 current listings, there is a 3.6 month supply.
Clements Mill Market Report Nov 2008
Clements Mill Market Report Sept 2008
Clements Mill Market Report July 2008
Clements Mill Market Report June 2008
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
and Stone Falls of Ada - a 210 unit apartment complex, currently
open & under construction here. The Stone Falls of Ada apartment
projectis adjacent to Clements Mill. Both are scheduled for
completion by spring 2009.
If you have detailed questions about Ada Homes, Forest Hills Homes or
just need further information, please contact me directly.
Grand Rapids Ada MI Real Estate Westbrook Realty
Copyright 2009 All rights reserved
Ada Drive Walking Trail 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
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