You are currently browsing the daily archive for March 4, 2009.
Forest Hills Gardens Absorption Market Report Feb 2009
4 Sold, 3 For Sale, 1 Expired
The absorption rate for Forest Hills Gardens is 10.5 months, which
means if no new listings come on the market it will take 10.5 months
for the existing inventory of homes to sell at the current rate of sale.
Active Forest Hills Gardens Listings: 1
Average list price is $ 191,633
Average time on market is 60 days.
Average list cost/SqFt is $100.30
Forest Hills Gardens Sold Homes :4
Average Sold Price: $162,475
Average price/Sq Ft: $96.47
Average days on the market: 20 days.
The Ada area growth trends remain strong. Ada Township planner,
Jim Ferro states that the Ada population has grown by 20% since 2000.
There is a new proposed 80 condo units – Villas of Ada going in next
door and Stone Falls of Ada – a 210 unit apartment complex, currently
under construction a short distance away on Spaulding Ave.
Both of these new developments are quite close to Adacroft Commons
and Forest Hills Gardens.
If you have questions about Forest Hills or Ada homes,or
if you would like this market report emailed to your inbox,
please contact me directly: 1-888-240-1968 ext 0
Grand Rapids Ada Real Estate ~ Five Star Real Estate LLC
Copyright 2008 All rights reserved
Japanese Maple photo by Bonnie Westbrook
Catamount properties are in the rolling hills adjacent to the
Grand River in the northern section of Ada Township in a gated
community with privacy and wooded acreage. Executive style
homes with lots of room for entertaining and all the custom extras
that make a home luxurious are the norm here. If you are
searching for a prestigious address, this could be what you are
looking for, as it is one of the most affluent neighborhoods in the
Grand Rapids area. As a bonus, this cute little guy will be one
of your new neighbors.
Catamount Market Report February 2009
6 For Sale, 4 Sold, 5 Expired, 1 Pending
Catamount Active Listings: 6
Catamount average active price – $799,296
Catamount average active price /SqFt – $ 221.41
Catamount average days on market – 222
Catamount SOLD Listings: 4
Catamount average sold price – $ 676,250
Catamount average sold price/SqFt – $ 224.03
Catamount average sold days on market – 71
The Absorption Rate for Ada Moorings Homes is 21 months, which means if
no new listings come on the market it will take 21 months for the existing
homes to sell at the current rate of sales. The average sold price dropped
in 2008 and into the 2009. The average list price is $125,000 over current
selling price. Only 4 homes sold in the last 14 months, which means buyers
are scarce in this segment of the market.
If you would like further information about the value of your Ada or
Grand Rapids Home, please contact me directly at:
1-888-240-1988 ext 0.
If you would like these monthly reports emailed to you,
please send your email address and in which report you are interested
in receiving.
Grand Rapids MI Real Estate – Five Star Real Estate
Copyright 2009 All rights reserved
photo of the Grand River in Ada by Bonnie Westbrook
Ada Moorings is located off Grand River Drive, just east of Ada and
close to Ada Township Park. A recent development by Eastbrook
Builders, these homes are 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 shopping, the Thornapple
and the Grand Rivers.
Ada Moorings Market Report February 2009
3 For Sale, 9 Sold, 4 Expired
Ada Moorings Active Listings: 3
Ada Moorings average active price – $225,967
Ada Moorings average active price /SqFt – $ 121.78
Ada Moorings average days on market – 162
Ada Moorings SOLD Listings: 9
Ada Moorings average sold price – $ 243,211
Ada Moorings average sold price/SqFt – $ 125.24
Ada Moorings average sold days on market – 91
The Absorption Rate for Ada Moorings Homes is 3.3 months, which means if
no new listings come on the market it will take 3.3 months for the existing
homes to sell at the current rate of sales. The average list price has dropped
$20,000 in the last quarter of 2008 and into the 2009, which means sellers
are closer to the actual market price. The average sale price has stayed the
same. The market is good in Ada Moorings, 3.3 months is a great absorption
rate for the Grand Rapids Area.
Ada Moorings Market Report Dec 2008
Ada Moorings Market Report Oct 2008
Ada Moorings Market Report Sept 2008
Ada Moorings Market Report Aug 2008
Ada Moorings Market Report July 2008
Ada Moorings Market Report June 2008
If you would like further information about the value of your Ada or
Grand Rapids Home, please contact me directly at:
1-888-240-1968 ext 0
If you would like these monthly reports emailed to you,
please send your email address and in which report you are interested
in receiving.
Grand Rapids MI Real Estate – Five Star Real Estate
Copyright 2009 All rights reserved
photo of the Ada Park Entrance in Ada by Bonnie Westbrook
At 7:00 p.m. on Tuesday, March 10, Ada Township Parks & Recreation
Department will present a workshop on how to plan and landscape your
yard as a quality habitat for local wildlife at Ada Township Park.
This Backyard Habitat Workshop will provide tips and tricks for landscape
planning and design, how to enhance your yard with the habitat elements
desired wildlife require, sources for native plants and a variety of other
resources. Backyard Wildlife Habitats are ideal ways for home owners,
schools and businesses to enhance their property and help support wildlife.
Whether you have a small garden area you want to use to attract birds or
butterflies, or a large yard "back 40" that you want to attract a variety of
wildlife, this workshop will provide planning tools and resources to meet
your needs and help you start on your yard this spring.
This Backyard Wildlife Habitat Workshop will also cover the procedures to
have your site certified through the National Wildlife Federation’s (NWF)
Backyard Habitat Program. Participants will receive habitat development
support materials and application forms to certify your property with the
NWF. More detail about NWF is available at www.nwf.org.
To pre-register or for more information, call the Ada Park office at
616-676-0520 or email to adaparks@ada.mi.us. There is a $3.00 fee,
payable on site. Ada Park is located at 1180 Buttrick Avenue, N.E.,
just off of Thornapple River Drive in Ada, MI 49301.
There are additional April 17th workshops~ information available from
the Ada Township Web site.
Grand Rapids Ada Real Estate ~ Five Star Real Estate
Video and photo by Bonnie Westbrook Copyright 2009 All rights reserved
Cannonsburg Michigan is a small community northwest of Grand
Rapids. It is included in the Forest Hills School District and has had
growth in residential housing in the last ten years. There are many
elite homes built in this area because of the natural scenery,
prestigious public school system, and proximity to downtown Grand
Rapids. The small village of Cannonsburg has a long history, as
evidenced by the historic buildings which comprise the commercial
hub of the village today.
First, and our personal favorite, is The HoneyCreek Inn, pictured
above. We have been enjoying the casual atmosphere and the
wonderful food at the Honeycreek Inn for over 30 years. It bills itself
as "This Pub under Polish-Irish Management – Be Patient." Whatever
nationality your roots are planted in, this is a great place to eat! The
bar has select brews on tap and "The Daily Special" is always worth
trying.
The Grist Mill, pictured above, is a recent addition to
Cannonsburg, although the original building is one of the original
businesses, as noted by its name. The Grist Mill has a fabulous Deli &
Bakery, a lunch room where you can order a meal, a quick stop
grocery, and gas pumps on the side. Everything today’s
Cannonsburg neighbors might need. It is always busy and you can’t
get a better quick lunch anywhere.
The Bottle Shop is a beer, wine, and liquor emporium that serves the
Cannonsburg area. This building was the original general store for
generations. If you have a hankering for some liquid refreshment,
this is the spot to go in Cannonsburg.
This building houses The Cannonsburg Historical Museum.
Cannonsburg was founded in 1842, that is 167 years of local history.
We will have to make a special trip to see the local history preserved
here.
The last big attraction in Cannonsburg is the first for many in our
area – Cannonsburg Ski Area. This is one of the only local ski areas,
the other being Pando, which is smaller. Their website has a
Webcam, with real time pictures of the conditions.
As you can see, a nice sunny day in February, the slopes are far
from empty. The Cannonsburg Ski Area has a large open air concert
area that is used in the summer for Grand Rapids Symphony
Presentations, such as the July 4th Pops Concert which is a local
favorite. Our small tour is over, but towns like Cannonsburg are a
vital part of our Greater Grand Rapids Area.
We have many small towns and villages that have big attractions for
for the West Michigan travelers and outdoor enthusiasts.
Grand Rapids Ada Real Estate ~ Five Star Real Estate
Copyright 2009 All rights reserved
Photos by Bonnie Westbrook
There has been no remuneration or compensation of any kind for our endorsement of restaurants & other businesses featured in this blog.
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