Clements Mill is  a newer home development built by EastbrookConstruction in the Ada MI area, started in 1999 and completed in2003. Apart from newer homes, part of the appeal is the proximityof  Forest Hills Central Middle and High Schools, Forest Hills Woodlands 5/6 School, St Roberts & Ada Christian Schools, whichare within walking distance.Clements Mill is midway between the Village of Ada and Forest Hillsshopping area at Cascade Road and Forest Hills.Ada’s Clements Mill has seen steady to declining values in the shorttime it has been built out.  This is largely due to the current overabundance of houses for sale in a soft resale market.                  Clements Mill  Market Report

           23 Sold,  7 For Sale, 12 ExpiredClements Mill Active Listings: 7Average Active Price: $250,371Average Active Price/SqFt: $121.52Average Active Days on Market: 64 Clements Mill Sold Listings: 23Average Sold Price: $275,421Average Sold Price/SqFt: $122.27Average Days on Market: 103 Clements Mill Expired Listings: 12Average Expired Price: $263,408Average Expired Price/SqFt: $ 126.19Average Expired Days on Market: 165 Absorption Rate for Clements Mill homes is averaging1.9 sold homes per month for 2008/2009 to date.With 7 current listings, there is a 3.6 month supply. Clements Mill Market Report Nov 2008Clements Mill Market Report Sept 2008Clements Mill Market Report July 2008Clements Mill Market Report June 2008 The Ada area growth trends remain strong. Ada Township planner,Jim Ferro states that the Ada population has grown by 20% since2000. There is a new proposed 80 condo units – Villas of Adaand Stone Falls of Ada – a 210 unit apartment complex, currentlyopen & under construction here.  The Stone Falls of Ada apartmentprojectis adjacent to Clements Mill.  Both are scheduled for completion by spring 2009.If you have detailed questions about Ada Homes, Forest Hills Homes orjust need further information, please contact me directly. Grand Rapids Ada MI  Real Estate   Five Star Real Estate LLCCopyright 2009  All rights reservedAda Drive Walking Trail Photo by Bonnie Westbrook