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Ada Michigan ~ Real Estate Market Report October 2008 ~ Ada Woods

By
Real Estate Agent with Westbrook Realty Broker-Owner

Ada Woods is an established development of homes in Ada, Michigan,

 just west of Ada and south of Fulton Street (M46).  Ada Woods started

 out as an E.L. Ladd development but towards the end of the project

many lots were sold to other builders and completed by individual owners.

  The dates of building range from 1980's to 2005.  Most of the homes 

have more square footage and more amenities than Adacroft Commons,

its  adjacent neighborhood.  As with Adacroft Commons, there is designated

common land in the development that remains heavily wooded and in a

natural state.                    

                     Ada Woods Real Estate  Market Report

                                      October 2008

                    4 Sold, 1 Pending, 7 For Sale, 4 Expired

  bike trail Railroad under pass in Ada MI

 

Ada Woods Active Listings: 7

Ada Woods Average Active Price - $ 317,629

Ada Woods Average Active Price/SqFt - $124.21

Ada Woods Average Days on Market - 152

 

Ada Woods SOLD Listings: 4

Ada Woods Average Sold Price -$ 353,225

Ada Woods Average Sold Price/SqFt - $127.77

Ada Woods Average Sold Days on Market - 96

Ada Woods Expired Listings: 4

Ada Woods Average Expired Price - $ 281,900

Ada Woods Average Expired Price/SqFt - $ 135.08 

Ada Woods Average Expired Days on Market - 148

 

The average home sale for 2008 in Ada Township is $ 308,941.

159 homes have sold this year. 

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 unit - Villas of Ada

and Stone Falls of Ada - a 210 unit apartment complex, currently under

construction here.

Ada Woods is a popular home market in the Ada area. Part of the appeal

is the proximity of Ada Elementary, Forest Hills 5/6 School, Ada Christian

Schools, St Roberts School and close to the village of Ada and Fulton Street.  

 

Ada Woods Market Report June 2008

Ada Woods Market Report July 2008

Ada Woods Market Report August 2008

Ada Woods Market Report Sept 2008

 

If you have any questions about Grand Rapids or Ada Homes,

please contact me directly.

 

Grand Rapids Ada MI Real Estate - Westbrook Realty

 Copyright 2008  All Rights Reserved

Bike Trail Railroad Underpass in Ada Mi photo by Bonnie Westbrook

 

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