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.  Forest Hills Gardens subdivision is between

Hall Street and Ada Drive just west of the Forest Hills Central High

School complex. 

                     Forest Hills Gardens Market Report May 2009

                                      1 Sold,  3 For Sale, 1 Expired

Janpanese Maple Ada Michigan

The absorption rate for Forest Hills Gardens is 15 months, which

means if no new listings come on the market it will take 15 months

for the existing inventory of homes to sell at the current rate of sale.

 

Active Forest Hills Gardens Listings: 3

Average list price is $ 182,300

Average time on market is 77 days.

Average list cost/SqFt is $88.23

 

Forest Hills Gardens Sold Homes :1

Average Sold Price: $160,000

Average price/Sq Ft: $87.82

Average days on the market: 159 days.

 

Forest Hills Michigan Top Best Buy Homes May 2009

Forest Hills Michigan ~ Public School Update May 2009

Forest Hills Michigan Absorption Report ~ May 2009

Forest Hills Michigan Absorption Report ~ April 2009

 

If you have questions about Forest Hills or Ada homes,

please contact me directly: 1-888-240-1968 ext 0 or

terry@terrywestbrook.com

 

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2008 All rights reserved

Japanese Maple photo by Bonnie Westbrook

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