Ada MI Neighborhood Real Estate Report Adacroft Commons Jan – May 2014
Peony Tulips
Snapshot of Adacroft Commons Real Estate Activity
January 1 through May 31, 2014
Active Listings – 1
Pending Sales – 1
Sold Properties – 5
Average Sold Price = $182,878
Short inventory of homes in Adacroft Commons, which
is common in the Forest Hills School District. Prices are on the
road to recovery from the 30-40% decline they saw during the
2007-2012 recession. Scarcity of homes will eventually drive
prices up, but we aren’t seeing a huge increase. Prices are inching
up slowly and interest rates are expected to do the same thing.
If you are interested in buying or selling an Adacroft Commons home, give
Terry a call at 616-292-7263.
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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!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
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