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Adacroft Commons is a popular home market in Ada for the
Grand Rapids area.
Part of the appeal is the proximity of Forest Hills Central 5/6 School,
Middle School, High School, St Roberts School & Ada Christian
School, which are within walking distance. Adacroft Commons is also
close to the village of Ada and Forest Hills shopping. It is an established
subdivision, being started in the early 1970′sby E. L. Ladd Builders of
Ada, at the same time they were buildingin Adatowne. Adacroft
Commons homes were required to have atwo stall attached garage and
a family room, while Adatowne homes did not. There is designated
common land in thedevelopment that remains heavily wooded and in a
natural state,as in its adjacent neighborhood, Ada Woods. I have held
many open houses in these plats when they were new and sold many of
the homes as new construction – to be built. We personally purchased a
spec home here in 1976 and livedin Adacroft for 5 years before we built
our dream home on 6 acres(also in Ada Township).
If you doubt the power of your home as an investment, a 4 bedroom 2
story home (about 1750 sq ft) sold for $ 39,900 in Adacroft Commons
in 1970.
Adacroft Commons Real Estate
December 2008 Market Report
8 Sold, 0 For Sale, 1 Pending, 10 Expired
Adacroft Commons Active Listings: 0
Adacroft Commons Active Price – $0
Adacroft Commons Active Price/SqFt – $0
Adacroft Commons Active Days on Market 0
Adacroft Commons SOLD Listings: 8
Adacroft Commons average sold price – $ 165,625
Adacroft Commons average sold price/SqFt – $96.99
Adacroft Commons average sold days on market -77
Adacroft Commons Expired Listings: 10
Adacroft Commons average expired price – $ 186,410
Adacroft Commons average expired price/SqFt – $ 134.36
Adacroft Commons average days on market – 110
There are no current homes for sale in Adacroft Commons
listed on the local MLS board. This is an extremely desirable
area to live, with its close proximity to Forest Hills Central
Middle & High Schools. In the above stats you can see the
$20,000 disconnect between sellers and buyers, or $37 /SqFt.
difference on the main floor. If you would like to sell in this market,
you have tobe priced at the current market price, not 2004
prices, IF you want to sell your home.
If you have detailed questions or just need general info
about Grand Rapids or Ada Homes, please contact me.
Grand Rapids Ada MI Real Estate - Five Star Real Estate
Copyright 2008 All rights reserved
Adacroft Entrance on Ada Drive Photo by Bonnie Westbrook
Centennial Park Meadows Condominiums are located just off 28th Street
and Thornapple River Dr. in Cascade, Michigan. The Condos wrap around
the Centennial Golf Course and community.
This private par 70 golf course has plenty of challenges for golfers at
every level. This community also has a clubhouse and restaurant for
members.
We have relocated several clients into this community and they find it a
wonderful place to live. Just minutes from 28th Street & Cascade shopping,
dining and amusements, you are centrally located but tucked away from
the bustle of the area for quiet, serene living and easy access to golf.
Centennial Park Meadows Condos
Real Estate Market Report
December 2008
16 For Sale, 0 Pending, 5 SOLD, 9 Expired
Centennial Condos Active Listings: 16
Centennial Condos Active Average Price - $248.569
Centennial Condos Active average $/SqFt – $ 132.68
Centennial Condos Active average days on market - 129
Centennial Condos Sold Listings: 5
Centennial Condos Sold average price – $ 102,810
Centennial Condos Sold average $/SqFt – $ 72.45
Centennial Condos Sold average days on market – 48
Centennial Condos Expired Listings: 9
Centennial Condos Expired average price – $ 249,844
Centennial Condos Expired average $/SqFt – $ 152.26
Centennial Condos Expired average days on market – 144
The Absorption Rate for Centennial Park Condos is 38.4 months,
which means if no new listings come on the market, it will take
38.4 months for the existing condos to sell at the current rate
of sales. This is a high number for Grand Rapids, which reflects the
weak market for condos, over priced listings, or a combination
of both, which I believe is the case.
Centennial Park Condos Market Report Oct 2008
Centennial Park Condos Market Report Sept 2008
Centennial Park Condos Market Report August 2008
Centennial Park Condos Market Report July 2008
Centennial Park Condos Market Report June 2008
If you would like information about Grand Rapids – Cascade MI Condos
or Grand Rapids – Cascade MI Homes, please contact me directly.
If you would like this report emailed to your inbox every month, please
contact us.
Grand Rapids – Ada Real Estate – Five Star Real Estate
Copyright 2008 All rights reserved
photo of Golf Equipment by Bonnie Westbrook
The Quail Crest Condo development is located west of Spaulding
and north of Burton Street in Cascade Township. There is an
entrance off Spaulding Avenue and off Burton Street. This condo
development was started in the late 1980′s and continued building
into the late 1990′s.
The condos are spacious with cathedral ceilings and many have
finished lower levels with extra bedrooms and baths. This area
has been very attractive for retirees, as they are close to all the
local amenities and shopping but no house maintenance. Forest
Hills Public Schools are the school district, Watermark Country Club,
Forest Hills & 28th Street shopping are a short distance away.
The miles of Cascade-Ada Bike/Walking Trail
connects to downtown Cascade, downtown Ada, and 28th St.
Quail Crest Condominiums Real Estate Market Report
December 2008
3 Sold, 10 For Sale, 5 Expired
Quail Crest Condos Active Listings: 10
Quail Crest Condos Average Active Price – $154,125
Quail Crest Condos Average Active Price/SqFt – $ 109.11
Quail Crest Condos Average Active days on market - 137
Quail Crest Condos Sold Listings: 3
Quail Crest Condos average sold price – $274,167
Quail Crest Condos average sold price/SqFt – $ 167.48
Quail Crest Condos average days on market – 89
Quail Crest Condos Expired Listings: 5
Quail Crest Condos average expired price – $202,160
Quail Crest Condos average price/SqFt – $ 147.35
Quail Crest Condos average days on market – 146
The absorption rate for Quail Crest Condos is 40 months, which
means if no new listings come on the market, it will take 40 months
for the current inventory of homes to sell at the current rate of sales.
This is very high for the Grand Rapids Market, which means either prices
are too high for today’s buyer, or there is a glut of condos on the market.
Quail Crest Condos Oct Market Report
Quail Crest Condos Sept Market Report
Quail Crest Condos July Market Report
Quail Crest Condos June Market Report
If you have further questions about Grand Rapids or
Cascade MI Condos, please contact me directly. We can
also have these monthly market reports emailed to your
inbox, just contact us.
Grand Rapids Ada MI Real Estate - Five Star Real Estate
Copyright 2008 All rights reserved
photo of Quail Crest Entrance by Bonnie Westbrook
