Ada Michigan ~ Real Estate Market Report ~ October 2008 ~ Greentree Farms Estates

By
Real Estate Agent with Westbrook Realty Broker-Owner

Greentree Estates is a small subdivision in Ada Township south of

Conservation Avenue and just east of Honeycreek Avenue. The homes

located here are large, executive style homes, usually with acreage sites. 

Most of the houses were built in the 1970's to 1980's.  These homes are

prized for their privacy setting in a heavily wooded, natural area, (you can't

always see your neighbor's house) and the presitigious Forest Hills Public

School System.  This area of Ada Township has rolling hills, covered with

native hardwoods, and is very picturesque. Seidman Park is just across the

street with it's nature trails and cross country ski trails.

 

   covered bridge ada mi

 

                                  Greentree Farms

               Residential Real Estate Report   June 2008


                         6 For Sale, 2 SOLD, 2 Expired

Greentree Farms Active Listings: 6

Greentree Farms average active list price - $ 466,150

Greentree Farms average active list cost /sq ft - $ 163.14

Greentree Farms average active days on the market - 106

 

Greentree Farms SOLD Listings: 2

Greentree Farms average SOLD price:$ 427,500

Greentree Farms average SOLD cost/sq ft - $ 123.60

Greentree Farms average days on the market - 72

 

Greentree Farms Expired Listings: 2

Greentree Farms average expired price - $517,000

Greentree Farms average cost/sq ft - $ 176.78

Greentree Farms average days on the market - 179

 

 

 

The Forest Hills/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 unitcondo development - Villas of Ada 

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

construction here.  

 

Greentree Farms Market Report June 2008

 

If you would like further information about Ada Township Homes,

 please me directly. 

 

Grand Rapids Ada Real Estate - Westbrook Realty

 Copyright 2008 All rights reserved

Ada Covered Bridge photo by Bonnie Westbrook

 

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Rainmaker
137,737
Bonnie & Terry Westbrook
Westbrook Realty - Ada, MI
Grand Rapids MI Real Estate

There appears to be a $40/sq ft disconnect between sellers and  sold. That seems to be quite a high number or is that typical?

Nov 03, 2008 03:39 AM #1
Rainmaker
575,553
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

We need to look at the properties and see what caused it. In this market the properties that are selling are the ones that are priced the best. The others just stay on the market.

Nov 03, 2008 10:20 AM #2
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Rainmaker
575,553

Terry & Bonnie Westbrook

Westbrook Realty - Grand Rapids Forest Hills MI Re
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