Clements Mill is  a newer home development built by Eastbrook

Construction in the Ada MI area, started in 1999 and completed in

2003. Apart from newer homes, part of the appeal is the proximity

of  Forest Hills Central Middle and High Schools, Forest Hills

Woodlands 5/6 School, St Roberts & Ada Christian Schools, which

are within walking distance.

Clements Mill is midway between the Village of Ada and Forest Hills

shopping area at Cascade Road and Forest Hills.

Ada’s Clements Mill has seen steady to declining values in the short

time it has been built out.  This is largely due to the current housing

economy where all homes have suffered a decline in values.

                Clements Mill  Market Report

                          August 2009

          10  Sold,  2 Pending, 5 For Sale, 5 Expired

bike trail on Ada Dr ada mi

Clements Mill Active Listings: 5

Average Active Price: $213,520

Average Active Price/SqFt: $127.66

Average Active Days on Market: 62

Clements Mill Sold Listings: 10

Average Sold Price: $250,370

Average Sold Price/SqFt: $110.37

Average Days on Market: 97

Clements Mill Expired Listings: 5

Absorption Rate for Clements Mill homes is averaging

2 months, which is a very low rate for the Grand Rapids area. 

List prices are about $37K above sold prices, which is

deceiving because the larger homes are selling, which could

be reflected in days on the market for sold listings.

 

Forest Hills Michigan Real Estate Reports 2009

 

 

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

and Stone Falls of Ada a 210 unit apartment complex, currently

open & under construction here.  The Stone Falls of Ada apartment

project is adjacent to Clements Mill and Villas of Ada is directly

across Ada Drive

If you have detailed questions about Ada Homes, Forest Hills

Homes or  just need further information, please contact me

directly:  terry@terrywestbrook.com  or call 1-616-292-7263

Grand Rapids Ada MI  Real Estate Westbrook Realty

Copyright 2009  All rights reserved

Ada Drive Walking Trail Photo by Bonnie Westbrook

Advertisements