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

                                 May 2009

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

Hidden Hills Active Listings 8

Hidden Hills Average Active Price: $ 283,688

Hidden Hills Average Active Price Per Sq Ft: $ 117.56

Hidden Hills Active Average Days on Market: 82

 

Hidden Hills Sold Homes 7

Hidden Hills Average SOLD Price: $ 174,673

Hidden Hills Average SOLD Price Per Sq Ft: $ 89.83

Hidden Hills Average SOLD Days on the Market: 148

 

Hidden Hills Pending Homes: 3

Hidden Hills Expired Homes: 4

Hidden Hills Average Expired Price: $ 303,675

Hidden Hills Average Expired Price Per Sq Ft: $117.79

Hidden Hills Average Expired Days on the Market: 149

 

The current absorption rate is  4 months, which means we have

a 4 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 $120K and about $30 /SqFt in the last 14 months.

Time on the market has decreased slightly and we have 10 homes

sold 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 the 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Today’s buyers have too many choices to settle for outdated homes.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

Forest Hills Michigan Top Best Buy Homes May 2009

Forest Hills Michigan ~ Public School Update May 2009

Forest Hills Michigan Absorption Report ~ May 2009

Forest Hills Michigan Absorption Report ~ April 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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