Adatowne is a popular entry level home market in the Ada area of

the Greater Grand Rapids metropolitan area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, St Roberts

School and being close to the village of Ada. Adatowne is an

established subdivision, started in the early 1970's by E.L. Ladd

Builders of Ada. I have held many open houses in these new plats

 and sold many of the homes as new construction - to be built.

If you doubt the power of your home as an investment, a basic

ranch (about 1000 sq ft) sold  for $ 19,900 in 1975.

 Adatowne Residential Neighborhood in Ada, Michigan

        October 2008 Real Estate Market Report   

                    8  Sold, 1 Pending, 4 For Sale

 Adatowne Active Listings: 4

Adatowne Average Active price - $154,900

Adatowne Active average price/SqFt - $114.51

Adatowne Active average days on market - 67

Adatowne Sold Listings: 8

 Adatowne Average Sold Price - $ 136,975

 Adatowne Average sold price/SqFt - $ 116.68

Adatowne Average Sold days on market - 96

159 homes have sold in Ada Township in 2008,

Average price is $308,941.  15% fewer homes have

sold in 2008 but the average price has increased by  3%.

 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 development -

 Villas of Ada  and Stone Falls of Ada - a 210 unit apartment

complex, currently under construction here.  Both new sites plan

on being open in 2009. 

If you would like more information about Ada or Grand Rapids Homes,

please feel free to contact me directly.

Adatowne Market Report June 2008

Adatowne Market Report July 2008

Adatowne Market Report Aug 2008

Adatowne Market Report Sept 2008

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2008 All rights reserved

Photo of Rix Dr. by Bonnie Westbrook