About Ada's Adatowne

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

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

Adatowne Residential Neighborhood in Ada, Michigan

March 2009 Real Estate Market Report

4 Sold, 3 Pending, 3 For Sale

Adatowne Active Listings: 3

Adatowne Average Active price - $158,433

Adatowne Active average price/SqFt - $105.14

Adatowne Active average days on market - 51

Adatowne Pending: 3

Adatowne Sold Listings: 2

Adatowne Average Sold Price - $ 119,000

Adatowne Average sold price/SqFt - $ 91.00

Adatowne Average Sold days on market - 40

MARKET SYNOPSIS: Absorption Rate for Adatowne is 4.2 months,

which means it would take 4.2 months for the 3 active listings to sell,

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

statistics. The price per square foot here really tells the story: Active

listings are averaging $ 105/sqft and sold are averaging $ 91/sqft.

With the new trend of consumers downsizing and the popularity of

Forest Hills Schools, the real estate market should remain strong

and viable for Adatowne homes, as long as they are in "great

condition" and priced at less than $100 sq ft.

If you would like more information about Ada or Grand Rapids

Homes, please feel free to contact me directly.

Adatowne Market Report Sept 2008

Adatowne Market Report Jan 2009

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Ada MI 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 new 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 (about 1000 sq ft) sold for $ 19,900 in 1975.

Adatowne Residential Neighborhood in Ada, Michigan

January 2009 Real Estate Market Report

3 Sold, 2 Pending, 4 For Sale

Adatowne Active Listings: 4

Adatowne Average Active price - $147,650

Adatowne Active average price/SqFt - $113.16

Adatowne Active average days on market - 94

Adatowne Sold Listings: 3

Adatowne Average Sold Price - $ 138,300

Adatowne Average sold price/SqFt - $ 119.19

Adatowne Average Sold days on market - 47

MARKET SYNOPSIS: Not much has changed since last month.

We have one less home on the market, which has reduced the

average price. With the new trend of consumers downsizing,

the real estate market should remain strong and viable for

Adatowne homes, as long as they are in "great condition"

and priced at $110-120 a sq ft.

If you would like more information about Ada or Grand Rapids Homes,

please feel free to contact me directly.

Adatowne Market Report July 2008

Adatowne Market Report Aug 2008

Adatowne Market Report Sept 2008

Adatowne Market Report Oct 2008

Adatowne Market Report Nov 2008

Grand Rapids Ada MI Real Estate - Westbrook Realty

Copyright 2009 All rights reserved

Photo of Ada MI fall foliage by Bonnie Westbrook

Adatowne is a popular entry level home market in the Ada area.

Part of the appeal is the proximity of Ada Elementary, Forest Hills

Central Middle and High Schools, Ada Christian Schools, and close to

the village of Ada. Adatowne is an established subdivision, being started

in the early 1970's by E.L. Ladd Builders of Ada. I have held many open

houses in these new plats and sold many of the homes as new construction.

If you doubt the power of your home as an investment, a basic ranch

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

Adatowne Neighborhood Ada, Michigan

June 2008 Stats Real Estate

5 homes sold, 1 pending, 1 for sale

Address Status Price Sq Ft Cost/SqFt DOM

6705 Adaridge For Sale 143,900 1056 136.26 74

7028 Adaridge Pending 149,900 2116 70.84 8

6869 Adaridge Sold 115,000 988 116.39 20

6885 Adaridge Sold 124,000 1270 97.63 81

6966 Rix St. Sold 119,625 1052 113.71 119

6674 Adaridge Sold 142,000 1056 134.46 151

6824 Adaside Dr Sold 142,600 1028 138.71 260

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 - Villas of Ada and Stone Falls of Ada - a 210 unit apartment

complex, currently under construction here in Ada.

If you would like further information about Ada Homes, please contact me,

Terry@TerryWestbrook.com, toll free at 1-888-240-1968 ext 0

Grand Rapids Real Estate - Westbrook Realty

Copyright 2008 All rights reserved

photo of Adatowne - Adaridge - Rix Street Entrance by Bonnie Westbrook