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
March 2009
6 For Sale, 2 Sold, 1 Pending, 1 Expired
Hidden Hills Active Listings 6
Hidden Hills Average Active Price: $ 301,767
Hidden Hills Average Active Price Per Sq Ft: $ 121.84
Hidden Hills Active Average Days on Market: 71
Hidden Hills Sold Homes 2
Hidden Hills Average SOLD Price: $ 172,500
Hidden Hills Average SOLD Price Per Sq Ft: $ 83.08
Hidden Hills Average SOLD Days on the Market: 112
Hidden Hills Pending Homes: 1
Hidden Hills Expired Homes: 1
Hidden Hills Average Expired Price: $ 400,000
Hidden Hills Average Expired Price Per Sq Ft: $129.87
Hidden Hills Average Expired Days on the Market: 160
The current absorption rate is 21 months, which means we have
a 21 month supply of homes in the Hidden Hills market, IF no new
homes enter the market and homes sell at the current rate.
MARKET SYNOPSIS: Hidden Hills average SOLD home price has
dropped about $100K and about $20 /SqFt in the last 9 months.
Time on the market has decreased slightly and we have had 2 homes
sell since the first of the year. Prices selling way below 2004 prices
is sobering news for Hidden Hills sellers but solid homes available at bargain
prices for buyers who want Forest Hills School District.
Sellers: You can't get top price if your condition is vintage 1980's.
Today's buyers have too many choices to settle for outdated homes.
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 Oct 2008
Forest Hills MI Market Report Nov 2008
Hidden Hills Absorption Report Jan 2009
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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Terry, has the absorbtion rate improved at all recently?
Terry nice job showing a snap shot of what is happening in the local Real Estate market. I am sure the info is appreciated.
Drew: we have seen a reduction in inventory and sales staying steady. We will see how the Spring market turns out.
Bill: Some of our highest readership is from the market reports thanks pf r the comment.
Terry I agree with you - market reports are among themost read posts. We do approximately 50 subdivisions - yuors has great information, Karen
Karen: Thanks for the comment. We keep expanding our reporting areas so people have a good place to get information.