Cascade Township Michigan Neighborhood Real Estate Market Report Hidden Hills August 2009

Cascade Township Michigan Neighborhood Real Estate Market Report Hidden Hills August 2009

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.

Tassell Pak Path 3

Hidden Hills, Cascade Township

Neighborhood Real Estate Market Report

August 2009

4 For Sale, 7 Sold, 3 Pending, 3 Expired

Hidden Hills Active Listings 4

Hidden Hills Average Active Price: $ 432,475

Hidden Hills Average Active Price Per Sq Ft: $ 147.46

Hidden Hills Active Average Days on Market: 77

Hidden Hills Sold Homes 7

Hidden Hills Average SOLD Price: $ 232,500

Hidden Hills Average SOLD Price Per Sq Ft: $ 102.93

Hidden Hills Average SOLD Days on the Market: 54

Hidden Hills Pending Homes: 3

Hidden Hills Expired Homes: 3

Hidden Hills Average Expired Price: $ 336,567

Hidden Hills Average Expired Price Per Sq Ft: $127.98

Hidden Hills Average Expired Days on the Market: 174

The current absorption rate is  1.6 months, which means we have

a 1.6 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

bounced back somewhat from this spring’s lows of under $90 a square

foot.  Time on the market has decreased slightly and 16 homes have

sold since the first of the year.  Prices are still below market highs of

a few years ago but this is still a popular place to live in the the

Forest Hills School District.

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

Cascade Township Michigan Real Estate

If you would like further information about Cascade Homes or

Forest Hills homes, please contact me directly.

Copyright 2009  All rights reserved

photo of Leslie E Tassell Park by Bonnie Westbrook

_____________________________________________________________________________

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. Grand Rapids Michigan is a vibrant, growing metropolitan

area with a diverse business community, great medical research & services,

numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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