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

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

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

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 – Five Star Real Estate 

Copyright 2009  All rights reserved

photo of Fall Crab Apple Tree by Bonnie Westbrook