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
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 Estate ~ Westbrook 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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
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Wow, Terry, I love that photo! Is that one of your listings? It's a magnificent photograph. Makes me want to buy it. :) Good news on the market, too. Population growth always helps sales prices.
Too late we sold it earlier this year. The tree is beautiful in the fall. Thanks for stopping by.
Terry nice job keeping folks informed on what is going on in your area.
Thanks Bill: I am lucky to live in a great area of the city.
Terry,
You are on it, you have great info on your area.
Johnathan
Johnathan: Thanks for stopping by.