Hidden Hills is an established neighborhood of homes off Cascade Road
and 30th Street in Cascade Township, Michigan, a suburb of Grand Rapids.
Home construction started here in the 1960's housing boom in the Forest
Hills School District and has continued through to today. There are new
homes still being built in this neighborhood.
Mid-size homes with quality construction are the rule, this suburban sub-
division area has been a desirable place to live in the Grand Rapids home
market for many years.
Hidden Hills, Cascade Township
Residential Real Estate Market Report
~ January 2009 ~
9 For Sale, 6 SOLD, 2 Expired
Hidden Hills Active Listings 9
Hidden Hills Average Active Price: $ 278,244
Hidden Hills Average Active Price Per Sq Ft: $ 114.64
Hidden Hills Active Average Days on Market: 121
Hidden Hills Sold Homes 6
Hidden Hills Average SOLD Price: $ 223,667
Hidden Hills Average SOLD Price Per Sq Ft: $ 104.00
Hidden Hills Average SOLD Days on the Market: 65
Hidden Hills Expired Homes 2
Hidden Hills Average Expired Price: $ 291,900
Hidden Hills Average Expired Price Per Sq Ft: $104.50
Hidden Hills Average Expired Days on the Market: 183
The current absorption rate is 13.5, which means we have a 13.5
month supply of homes in the Hidden Hills market, IF no new homes
enter the market and homes sell at the rate for the past 9 months.
MARKET SYNOPSIS: Hidden Hills average SOLD home price has
dropped about $46K and about $12 /SqFt in the last 9 months.
Time on the market has increased and will probably continue to do so
for the winter months. No new homes have come on the market and
many of the over priced homes in Hidden Hills have decided to not sell
in this market. Price and condition are the two items buyers will
compare. You can't get top price if your condition is vintage 1980's.
Today's buyers have too many choices to settle.
Forest Hills School District Average Sold Home Prices last 5 years:
2008 - $ 279,709
2007 - $ 269,445
2006 - $ 300,691
2005 - $ 282,173
2004 - $ 268,072
Hidden Hills Market Report July 2008
Hidden Hills Market Report June 2008
Hidden Hills Market Report Oct 2008
Hidden Hills Market Report Nov 2008
If you would like further information about Cascade Homes or
Forest Hills homes, please contact me directly.
Grand Rapids - Ada Real Estate - Westbrook Realty
Copyright 2009 All rights reserved
photo of Leslie E Tassell Park by Bonnie Westbrook
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The authors of the this blog write about Grand Rapids Real Estate,
the Greater Grand Rapids MI area, and what it is like to live in
West Michigan. We believe: Grand Rapids is a Great Place to Live!
Westbrook Realty Grand Rapids MI Real Estate
Contact Terry 616-292-7263
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