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About Ada's Adacroft Commons

Ada, Michigan Neighborhood Real Estate Market Report - Adacroft Commons - Jan-Dec 2009

Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate: Real Estate Agent in Grand Rapids, 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 Entrance Ada MI 49301

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

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

Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate: Real Estate Agent in Grand Rapids, MI

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

Grand Rapids MI Absorption Report ~ Adacroft Commons ~ Jan 2009

Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate: Real Estate Agent in Grand Rapids, MI

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

January 2009 Market Report

9 Sold, 0 For Sale, 10 Expired

Adacroft Commons Entrance Ada MI 49301

Adacroft Commons Active Listings: 0

Adacroft Commons Active Price - $

Adacroft Commons Active Price/SqFt - $

Adacroft Commons Active Days on Market -

Adacroft Commons SOLD Listings: 9

Adacroft Commons average sold price - $ 165,222

Adacroft Commons average sold price/SqFt - $97.49

Adacroft Commons average sold days on market -78

Adacroft Commons Expired Listings: 10

Adacroft Commons average expired price - $ 186,410

Adacroft Commons average expired price/SqFt - $ 134.36

Adacroft Commons average days on market - 110

There are no current homes for sale in Adacroft Commons

listed on the local MLS board. This is an extremely desirable area

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

High Schools. In the above stats you can see the $20,000

disconnect between sellers and buyers, or $36 /SqFt. on the

main floor. If you would like to sell in this market, you have to

be priced at the current market price, not 2004 prices, IF you want

to sell your home.

Forest Hills MI Market Report Dec 2008 Adacroft commons

Adacroft Commons Market Report Oct 2008

Adacroft Commons Market Report Aug 2008

If you have detailed questions or just need general information

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

If you would like to receive these monthly reports in your inbox,

please contact us or subscribe to our RSS feed.

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Adacroft Commons Entrance Photo by Bonnie Westbrook

Adacroft Commons, Ada Mi ~ July 2008 Market Report ~ Residential Real Estate

Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate: Real Estate Agent in Grand Rapids, MI

Adacroft Commons is a popular home market in the Ada area.

Part of the appeal is the proximity of Forest Hills Central

5/6 School, Middle School, High School & Ada Christian

School, which are within walking distance. Adacroft is also close

to the village of Ada and Forest Hills shopping.

It is an established subdivision, being started in the early 1970's

by E. L. Ladd Builders of Ada, at the same time they were building

in Adatowne. Adacroft Commons homes were required to have a

two stall attached garage and a family room, while Adatowne

homes did not. There is designated common land in the

development that remains heavily wooded and in a naturalstate,

as in its adjacent neighborhood, Ada Woods.

I have held many open houses in these plats when they were new

and sold many of the homes as new construction - to be built.

We personally purchased a spec home here in 1976 and lived

in Adacroft for 5 years before we built our dream home on 6 acres

(also in Ada Township).

If you doubt the power of your home as an investment, a 4 bedroom

two story home (about 1750 sq ft) sold for $ 39,900 in Adacroft

Commons in 1970.

Adacroft Commons Residential Real Estate

July Market Report

6 Sold, 0 Pending, 2 For Sale

Ada Drive Oak Tree Ada MI

Address Status Sq Ft Price $/Sq Ft DOM

6369 Dunbarton For Sale 1121 199,700 178.14 27

656 Duxbury Ct For Sale 2200 199,900 90.86 106

6104 Winthrop Sold 1408 179,900 127.76 16

681 Marbury Dr Sold 1871 174,900 93.47 46

589 Rookway Dr Sold 1411 135,000 95.67 7

6146 Witherbee Sold 1529 152,700 99.86 49

6256 Dunbarton Sold 1916 155,500 81.15 239

6185 Scotthille Sold 1956 176,500 90.23 63

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

If you have detailed questions or just need general information about

Ada Homes, please contact me directly.

Mature Oak Tree on Ada Drive Photo by Bonnie Westbrook

Adacroft Commons, Ada MI ~ June 2008 Market Report

Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate: Real Estate Agent in Grand Rapids, MI

Adacroft Commons is a popular home market in the Ada area.

Part of the appeal is the proximity of Forest Hills Central

5/6 School, Middle School, High School & Ada Christian

School, which are within walking distance. Adacroft is also close

to the village of Ada and Forest Hills shopping.

It is an established subdivision, being started in the early 1970's

by E. L. Ladd Builders of Ada, at the same time they were building

in Adatowne. Adacroft Commons homes were required to have a

two stall attached garage and a family room, while Adatowne

homes did not. There is designated common land in the

development that remains heavily wooded and in a naturalstate,

as in its adjacent neighborhood, Ada Woods.

I have held many open houses in these plats when they were new

and sold many of the homes as new construction - to be built.

We personally purchased a spec home here in 1976 and lived

in Adacroft for 5 years before we built our dream home on 6 acres

(also in Ada Township).

If you doubt the power of your home as an investment, a 4 bedroom

two story home (about 1750 sq ft) sold for $ 39,900 in Adacroft

Commons in 1970.

Adacroft Commons Residential Real Estate

June Market Report

4 Sold, 1 Pending, 5 For Sale

Maple Tree Ada MI

Address Status Sq Ft Price $/Sq Ft DOM

484 Adaway For Sale 1536 164,900 107.35 22

601 Adaway For Sale 1828 179,000 97.92 160

6104 Winthrop For Sale 1408 179,900 127.76 16

6369 Dunbarton For Sale 1121 199,700 178.14 27

656 Duxbury Ct For Sale 2200 199,900 90.86 106

681 Marbury Dr Pending 1871 174,900 93.47 46

589 Rookway Dr Sold 1411 135,000 95.67 7

6146 Witherbee Sold 1529 152,700 99.86 49

6256 Dunbarton Sold 1916 155,500 81.15 239

6185 Scotthille Sold 1956 176,500 90.23 63

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

If you have detailed questions or just need general information about

Ada Homes, please contact me directly.

Westbrook Realty

Mature Oak Tree on Ada Drive Photo by Bonnie Westbrook