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 subdivision is between

Hall Street and Ada Drive just west of the Forest Hills Central High

School complex. 

                     Forest Hills Gardens Market Report May 2009

                                      1 Sold,  3 For Sale, 1 Expired

Janpanese Maple Ada Michigan

The absorption rate for Forest Hills Gardens is 15 months, which

means if no new listings come on the market it will take 15 months

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

 

Active Forest Hills Gardens Listings: 3

Average list price is $ 182,300

Average time on market is 77 days.

Average list cost/SqFt is $88.23

 

Forest Hills Gardens Sold Homes :1

Average Sold Price: $160,000

Average price/Sq Ft: $87.82

Average days on the market: 159 days.

 

Forest Hills Michigan Top Best Buy Homes May 2009

Forest Hills Michigan ~ Public School News Update May 2009

Forest Hills Michigan Absorption Report ~ May 2009

Forest Hills Michigan Absorption Report ~ April 2009

 

If you have questions about Forest Hills or Ada homes,

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

terry@terrywestbrook.com

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2008 All rights reserved

Japanese Maple 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.  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

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                          Contact Terry   616-292-7263

 
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2 Comments on Forest Hills Michigan Neighborhood Real Estate Market Reports ~ Forest Hills Gardens ~ May 2009

JUN
01
490,073 Points 1 Featured Post Outside Blog Hit Router

Terry

It's always nice to see growth; Forest Hills looks like a great place to live and work.

11:38am • #1
400,526 Points 1 Featured Post Localism Sponsor Outside Blog

Tom, This is a great area to live in. We have lived near hear for over 30 years and love it.

7:38pm • #2

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