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
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