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 area homes have suffered a decline in value. This
subdivision continues to be a desired location for local residents.
Clements Mill Market Report Jan - December 2009
15 Sold, 1 Pending, 3 For Sale, 6 Expired
Clements Mill Active Listings: 3
Average Active Price: $175,233
Average Active Price/SqFt: $130.21
Average Active Days on Market: 131
Clements Mill Sold Listings: 15
Average Sold Price: $251,113
Average Sold Price/SqFt: $109.44
Average Days on Market: 73
Clements Mill Expired Listings: 6
Absorption Rate for Clements Mill homes is averaging
2.4 months, which is a very low rate for the Grand Rapids area.
Average list price is currently lower that average sold price,
which means that the current active homes are smaller and
priced below the homes that have sold this year.
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If you have detailed questions about Ada Homes, Forest Hills
Homes or just need further information, please contact me
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Snowman photo by Bonnie Westbrook