Ada, MI

The Ada area growth trends remain strong. Ada Township planner,

Jim Ferro states that the Ada population has grown by 20% since

2000. The new 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

Jan-Dec 2009 Market Report

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

Adacroft Commons Active Listings: 4

Adacroft Commons Active Price - $174,200 183,233

Adacroft Commons Active Price/SqFt - $120.46

Adacroft Commons Active Days on Market -61

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 Pending Listings: 1

Adacroft Commons Expired Listings: 1

There are 4 current homes for sale in Adacroft Commons neighborhood

listed on the local MLS board. This is a desirable area to live, with its

close proximity to Forest Hills Schools & Ada Christian School.

Market Synopsis: Adacroft Commons Homes are selling for under $100/SqFt.

This neighborhood Absorption Rate is 16 Months, sales 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 MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

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

Adatowne Residential Neighborhood in Ada, Michigan

Jan- December 2009 Real Estate Market Report

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

Adatowne Active Listings: 2

Adatowne Average Active price - $132,450

Adatowne Active average price/SqFt - $87.71

Adatowne Active average days on market - 111

Adatowne Pending: 0

Adatowne Sold Listings: 7

Adatowne Average Sold Price - $ 134,400

Adatowne Average sold price/SqFt - $90.01

Adatowne Average Sold days on market -100

MARKET SYNOPSIS: Absorption Rate for Adatowne is 3.44 months,

which means it would take 3.44 months for the active listings to sell,

if no other homes entered the market, according to current sales

statistics. Price per square foot has went up for both sold

and active listings this year, though average sold price went down

by $30K. The market here was all over for price, topping at $133/SqFt

to a bargain $55 a sq ft. The larger homes brought the best price

per sq ft for sellers. Condition continues to be the difference

between getting the best price and selling at rock bottom.

Ada Michigan Real Estate Reports 2009

If you would like more information about Ada or Grand Rapids

Homes, please feel free to contact me directly.

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Ada MI by Bonnie Westbrook

Catamount properties are in the rolling hills adjacent to the Grand River

in the northern section of Ada Township in a gated community with privacy

and wooded acreage. Executive style homes with lots of room for

entertaining and all the custom extras that make a home luxurious

are the norm here. If you are searching for a prestigious address,

this could be what you are looking for, as it is one of the most affluent

neighborhoods in the Grand Rapids area.

Catamount Market Report Jan-Dec 2009

4 For Sale, 5 Sold, 8 Expired

Catamount Active Listings: 4

Catamount average active price - $712,425

Catamount average active price /SqFt - $ 200.72

Catamount average days on market - 75

Catamount SOLD Listings: 5

Catamount average sold price - $ 592,350

Catamount average sold price/SqFt - $ 207.54

Catamount average sold days on market - 142

Catamount Pending Listings: 0

The Absorption Rate for Catamount Homes is 10 months, which means

if no new listings come on the market it will take10 months for the

existing homes to sell at the current rate of sales. The average sold price

dropped in 2008 and into 2009. The average list price is $100K higher

than current selling price. 5 homes sold in the last 12 months, with 4

homes for sale in this neighborhood. Prices have eroded from 3-4 years

ago as is typical all over the area.

Foreclosure and short sale homes have likely affected the average price.

Homes on the upper end of the market are slow to sell in the current

economy, as the 5 sold and 8 expired homes for this Ada neighborhood

shows.

Additional Ada & Forest Hills Articles:

Ada Michigan Real Estate 2009

Forest Hills Michigan Real Estate 2009

If you would like further information about the value of an Ada or

Grand Rapids Home, please contact me directly at:

1-888-240-1988 ext 0 or email: terry@terrywestbrook.com

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Roselle Park in Ada Michigan along the Grand River is 247 acre park that is

a dedicated Natural Habitat Refuge. On a rainy Saturday a few weeks

ago, we stopped and took a few photos. It was cold and windy but

the fall colors were great. We walked on one of the trails along the Grand

River. A very peaceful place to visit. Dogs on leashes are welcome.

These silos were left from the previous owner of the property. The one with

the stars on top has been made into a 9 story observation tower.

This stone states that Roselle park is dedicated the people of Ada Township

View from the observation tower toward the Grand River

On the walking trail along the river.

The Grand River, the longest river in Michigan. It starts near Hillsdale MI and

winds it's way north then west, eventually emptying into Lake Michigan.

This spot is just north of the confluence of the Thornapple River at Ada MI.

Roselle Park Nature Preserve on the Grand River

Roselle Park Flood Stage Spring 2009 Video

Roselle Park Photos

Nature has so many lessons to teach us. We don't always pay attention to what

she is saying but when we do....we have a chance to share a moment of clarity and

wisdom. On our excursion through the Grand Rapids area yesterday, we encountered

this maple tree. How many times have we sped past and not noticed it?

Hundreds, probably. Why did we notice it yesterday?

It shone out its brilliant yellow light on a rainy day, saying: Look at me! In a few days

my golden leaves will be on the ground, so notice me today....right now!

We did. We stopped to take a photo and share it with you. Each day we have the

opportunity to notice and appreciate the beauty around us.