Special offer

Forest Hills Michigan Neighborhood Real Estate Market Reports ~ Adacroft Commons August 2009

By
Real Estate Agent with Westbrook Realty Broker-Owner

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 unit condo site - Villas of Ada

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

under construction here. Both of these new developments are quite

close to Adacroft Commons.

                   Adacroft Commons Real Estate

                   August  2009 Market Report

                  2 Sold, 3 For Sale, 0 Expired, 0 Pending

Adacroft Commons Entrance Ada MI 49301

Adacroft Commons Active Listings: 3

Adacroft Commons Active Price - $183,233

Adacroft Commons Active Price/SqFt - $124.32

Adacroft Commons Active Days on Market -70

Adacroft Commons SOLD Listings: 2

Adacroft Commons average sold price - $ 187,00

Adacroft Commons average sold price/SqFt - $95.99

Adacroft Commons average sold days on market -13

Adacroft Commons Expired Listings: 0

There are only 3 current homes for sale in Adacroft Commons

listed on the local MLS board.  This is a desirable area

to live, with its close proximity to Forest Hills Central Middle &

High Schools.  In the above stats you can see that homes are

selling for under $100/SqFt.  This neighborhood hasn't seen any sales

since April 2009, so activity has slowed considerably.  Homes that

are in great condition and priced appropriately have the best

chance of selling in this buyer's market.

 

Forest Hills Michigan Real Estate Market Reports  2009 

If you have detailed questions or just need general information

about Grand Rapids or Ada Homes, please contact me directly.

terry@terrywestbrook.com

or call 1-888-240-1968 ext 0

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

Posted by

_____________________________________________

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!

search for Grand Rapids homes Find Grand Rapids Home Value Grand Rapids Relocation Guide

Westbrook Realty Grand Rapids MI Real Estate

                          Contact Terry   616-292-7263

OUR FLICKR PHOTOSTREAM

________________________________________________________

 

 

 

Comments(4)

Charlottesville Solutions
Charlottesville Solutions - Charlottesville, VA

Even though I do not know your area I like to read the stats from differnet places.

hope all is well

your friend in Charlottesville Virginia!

Sep 15, 2009 12:16 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I love new condo projects and also conversions, but how are you getting around the FHA financing requirements? Very hard to get a loan these days on condos that don't have at least 50% sold already.

Todd Clark - www.LivingBeaverton.com

Sep 15, 2009 04:43 AM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Charles: I also like to see the activity it think it gives me an idea of the national economy.

Sep 15, 2009 03:39 PM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Todd, Wehave had so few new projects in our area I haven't run into the problem.

Sep 15, 2009 03:40 PM