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Forest Hills Central HS Entrance
Tamarron Estates is an upscale suburban development with large
wooded lots, walking access to Thornapple Elementary School and
the Thornapple River Backwaters. It is located just off of
Thornapple River Drive and Cascade Road in Cascade Township.
The house styles vary from large, comfortable ranches, traditional
two stories, to contemporary homes. Many of the homes were built
in the late 1970′s to the mid 1980′s, though there is a new street
that has much newer homes on acreage settings. Some houses close
to and surrounding this development are in the upper price brackets
in the Grand Rapids real estate market.
Tamarron Residential Real Estate
December 2008 Market Report
5 Sold, 7 For Sale, 7 Expired
Tamarron Active Listings: 7
Tamarron Average Active Price – $ 500,329
Tamarron Average Active Price/SqFt – $ 137.25
Tamarron Average Active Days on Market – 138
Tamarron SOLD Listings: 5
Tamarron Average Sold Price - $ 339,480
Tamarron Average Active Price/SqFt – $ 98.11
Tamarron Average Sold Days on Market – 63
Tamarron Expired Listings: 7
Tamarron Average Expired Price – $ 265,629
Tamarron Average Expired Price/SqFt – $ 112.74
Tamarron Average Expired Days on Market – 124
234 homes have sold in Cascade Township in 2008
Average home selling price is $306,712
At the current selling rate, we have an Absorption rate of 16.8 months,
which means if no new listings come on the market, it will take 16.8 months
to clear the current supply of homes.
MARKET SYNOPSIS: Tamarron homes are selling but not at the prices that
some sellers would like to see. Today’s market is accepting homes under
$100.00 a sq ft. This is a price reduction for this area. As you can see,
most sellers think their homes will sell at $ 137 a sq ft. This isn’t happening.
Even the expired listings aren’t selling at $ 112.00 a sq ft. If you have to
sell your Tamarron Estates home now, be sure you are price competitively with
other properties on the market. Condition plays a large factor in these older
homes. If you haven’t updated, you aren’t going to get top dollar for your
home, the market place is telling you that you need to be at $ 100 a sq ft or
less to see your home sell.
Cascade Township has seen tremendous growth in the last fifty
years, though the growth rate has slowed considerably since 2000.
The majority (82%) live in a single family home, and the median
value is $220,00. Household incomes in Cascade Township are the
highest among surrounding Grand Rapids areas at $ 87,290. Most
people in Cascade Township prefer to live here because of the quality
housing, safe areas, and quality schools.
Tamarron Estates Market Report June 2008
Tamarron Estates Market Report July 2008
Tamarron Estates Market Report August 2008
Forest Hills Market Report Sept 2008
Tamarron Estates Market Report Oct 2008
Tamarron Estates Market Report Nov 2008
If you have questions about the value of your Cascade or Forest Hills
Home, please contact me directly.
Grand Rapids -Ada Real Estate Copyright 2008 All rights reserved
Photo of Tamarron North Entrance by Bonnie Westbrook
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 Residential Real Estate Market Report December 2008
22 Sold, 2 Pending, 2 For Sale, 10 Expired
The Absorption Rate for Clements Mill Ada Township MIis 1 month, which means if no new listings come on the market,it will take 1 month for the current homes inventory to sell atthe existing sales rate. Clements Mill Active Listings December 2008: 2Average Active Price: $182,400Average Active Price/SqFt: $105.12Average Active Days on Market: 230Clements Mill Sold Listings December 2008: 22Average Sold Price: $271,531Average Sold Price/SqFt: $122.07Average Days on Market: 116Clements Mill Expired Listings: 10Average Expired Price: $283,300Average Expired Price/SqFt: $ 131.99Average Expired Days on Market: 139 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 apartmentproject is adjacent to Clements Mill. Both are scheduled for completion by spring 2009 but are open for business now. 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 2008 All rights reservedAda Drive Walking Trail Photo by Bonnie Westbrook
- Crystal Springs Development in Caledonia, Michigan is a large,
residential suburban housing development that was started in the
late 1980′s and most construction was finished in the 1990′s although
some newer homes have been built since 2000. There are also a few
vacant lots left to develop.
This development covers a large area around the Stonewater Golf
Course at Crystal Springs south of 68th Street to 72nd Street and
encompassing Kalamazoo Avenue on the east and west. This
development has single family homes and condos, many located
right on the Stonewater Golf Course.
The public school system is Kentwood, even though the address is
Caledonia.
Crystal Springs is close to the shopping plaza at 68th and
Kalamazoo, Kentwood High School, and a short hop to M-6, which is
the south beltline for the Greater Grand Rapids area connecting US
131 on the west and I96 on the east side of the city.
December 2008 Real Estate
Residential Market Report
Crystal Springs Neighborhood
The absorption rate for Crystal Springs, Caledonia MI is 14.7
months, which means if no new listings come on the market, it will
take 14.7 months for the existing homes inventory to sell at the
current rate of sale.
Active Listings: 28 Active Crystal Springs Listings
Average Price: $250,509
Price per Sq Ft: $107.09 (Main Floor only)
Average days on the Market: 109
PENDING: 0 homes
SOLD: 23 Crystal Springs Sold Homes
Average Price: $ 205,735
Average Price Per Sq Ft: $ 96.63 (Main floor only)
Average Days on the Market: 71
Expired: 29 Expired Crystal Springs listings
Average Expired Price: $254,748
Average Price Per Sq Ft: $108.34 (Main floor only)
Average Days on the Market: 146
Crystal Springs Homes that are priced competitively are selling.
As you can see by the statistics, the homes that have their price
per square foot around $100 are selling in under 3 months.
Many sellers have retired from the market and will try again in
the spring. They might find a better buying market, but prices are
still on the downward trend. With lower interest rates, this may
spur the local economy and put more buyers into the game.
Watermark CC purchases Crystal Springs GC
Crystal Springs GC has a new look & a new name
Caledonia MI Sept 2008 Real Estate Market Report
Kentwood MI Real Estate Market Report Oct 2008
Caledonia MI Crystal Springs Market Report Oct 2008
Caledonia MI Crystal Springs Market Report Nov 2008
If you would like additional information about Caledonia
or Kentwood Homes, please contact me directly at
1-888-240-1968 ext 0
Grand Rapids Ada Real Estate Copyright 2008 All rights reserved
photo of golf tournament by Terry Westbrook





