Forest Hills Michigan Neighborhood Real Estate Market Report Ada Moorings Oct 2011

Forest Hills Michigan Neighborhood Real Estate Market Report  Ada Moorings  Oct 2011

Ada Moorings homes are located off scenic Grand River Drive,

just east of Ada. there is a walking path to Ada Township Park. A

development built by Eastbrook Builders, these quality built homes

and condos in Forest Hills Public School District.  Close to the village

of Ada and not far from the village of Cascade, this subdivision is near

28th Street, the Thornapple and the Grand Rivers.

Ada park entrance

         Ada Moorings Market Report October 2011

         

Active Listings: 2

Pending Sales:  1

SOLD Listings:   6

Average Sold Price = $ 238,950

Average Sold Price/SqFt = $ 115.05

 

The Absorption Rate for Ada Moorings Homes is 2

months, which means if no new listings come on the market,

it will take 2 months for the existing homes to sell at the

current rate of sales.  The average sale price has only dropped

about $4000 in the last 3 years, less than 2%.

 

SEARCH FOR FOREST HILLS HOMES

 

If you would like to know the value of your Ada-Cascade or

Grand Rapids Home, please contact me directly.

Copyright 2011  All rights reserved

 

Additional Articles about Buying a Forest Hills Home:

Forest Hills Michigan Real Estate

10 Questions to Ask Home Inspectors

Common Closing Costs for Buyers

Take the Stress Out of Home Buying

photo of the Grand River in Ada  by Bonnie Westbrook

Copyright 2011  All rights reserved

____________________________________________________________________________________________________

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!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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