Hidden Springs, Idaho is not only my market of expertise, it’s also where I live!
As of August 22, we currently have:
5810 McGee St at $490,000, 5590 W Hidden Springs at $429,900, 12474 N 10th Ave at $749,000, 12629 N 10th Ave at $424,900, and 5727 W Pheasant Circle at $724,900.
7 pending sales:
12602 N Schick’s Ridge Rd at $400,000, 13356 N 7th Ave at $352,000, 12320 N Upper Ridge Place at $759,000, 12141 N Humphreys Way at $499,000, 12964 N 9th Ave at $448,000, 12914 N Town Ridge Road at $1,175,000, 12711 N 11th at $364,900.
Prices have gone up from last year, but homes are selling slower. These numbers in the graphic are only averages, so check out these ranges: Less than 2,600 sq ft: $170-187/sq ft 2,600-3,300 sq ft: $146-172/sq ft 3,300+ sq ft: $140-155/sq ft
We just happened to have some lower-priced homes sell this year compared to June last year, but this months’ figures reflect our continuing lack of inventory.
Our 4th of July parade & social was another fun Hidden Springs event. Candy thrown from the floats? My boys’ favorite part!
This year’s market may be more balanced than last year’s, though we have been struggling with inventory all year long which has put a damper on our closings (note there were absolutely no closings for Hidden Springs in March).
Reader’s Digest has named Hidden Springs a finalist! If you know Hidden Springs is a special place, please vote every 24 hours until July 21st!
The Hidden Springs Annual Car Show is more about cars! It’s about hanging out with your neighbors and food trucks. : ) But of course, my boys liked the armored vehicle best.
“Averages are averages” and this months’ figures certainly don’t mean values in Hidden Springs have dropped 16%, however, the numbers DO reflect our current lack of inventory and possibly a balancing of the market.
In the 86 homes sold in 2018, at least 8 homes were presold, meaning nearly 10% of homes in Hidden Springs are sold via word of mouth. We’ve had 17 closings in 2019, so real close to that 10% this year as well.
Don’t worry! Prices haven’t skyrocketed 40% in Hidden Springs… but our middle-class buyers are getting priced out of the market and as a result, our sales have primarily been in the upper-end.
It was a beautiful morning for Hidden Springs’ annual Easter Egg Hunt! These kids were efficient and it was over in less than ten minutes. Then to the Merc for $5 mimosas. : )
Well, what do you know – Hidden Springs is at the end of the rainbow! Showing some amazing signs of spring in the foothills. (Photo credit: Lauren Tyler, @blondierocket – her photo was much better than mine!)
While this is a beautiful home, it is priced at $719,000 with barely 3000 sq ft, putting the asking price at $235/sq ft… nothing in Hidden Springs has sold that high since the real estate boom of 2007, which is why this house wins the Overpriced Award!
The photo doesn’t capture it, but the sky this morning looked like a watercolor painting!
We slowed down this winter, but only because our current inventory is so low; all but one home sold over the holidays, clearing us out! All our pending sales are due to close in February, so things will get interesting come March if a plethora of listings is not in the near future!
A “presale” is a home that is sold without going on the market. In 2018, at least 8 of 86 sold homes in Hidden Springs were presales – this means nearly 10% of our homes sell via word of mouth!
These are just average prices for Hidden Springs based on 2018 data. Ranges are: less than 2,000 sq ft: $155-183/sq ft | 2,000—4,000 sq ft: $130-195/sq ft | 4,000+ sq ft: $122-167/sq ft
Taking a break from our sock snowman craft to share a cookie at Jolly Holly Holidays.
First snow in Hidden Springs!
The trail by the old barn and farmstead in November.
Even as fall comes to a close, Hidden Springs is beautiful! #openspace
The Hidden Springs Merc and firehouse come November.
Hidden Springs “Autumn Blaze” maples along the sidewalks.
Lovely walk to the clubhouse to vote!
Getting Halloween started! We were fisher-people, if you couldn’t guess.
Haunted Happenings – a community Halloween event in Hidden Springs.
Inventory decreased 20% and sales prices increased 15% this year!
Old Time Farm Day in October had plenty of activities, but obviously the tractors were the best part!
Why would you live anywhere else? #hiddensprings
Autumn leaves starting to turn in Hidden Springs.
The Hidden Springs Farm volunteers potluck: it will ruin you for all other potlucks – man, these people can cook!
We ate like royalty for over two weeks after the Hidden Springs Farm harvest. I put my bounty in the sink to wash, and just had to take a picture. #earlyholidaypounds
The weather is cooling, and time to harvest the Hidden Springs farm! Raspberries, mmm…
Playing in the Hidden Springs orchard on a warm fall day.
View of Hidden Springs during a late-summer hike on Upper Ridge Trail.
Dusty summer sunset seen from our Hidden Springs backyard!