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North Towne Homes Subdivision 2011 Year End Market Report

By
Real Estate Agent with Century 21 Pro-Team
This North Towne Homes North Aurora market report covers property sales during all of 2011 as well as a look ahead to 2012. The past year was a mixed year for North Aurora real estate - inventory was high through much of the year and due to this, prices have continued to decline. This is still a foreclosure and short sale driven market and North Towne Homes is no exception. We did see some improvement in market activity particularly in the last quarter that we hope will continue through this year. Let's take a look at the numbers:

Here are our home sales for 2011:

$35,000 208 Linn Ct #B
$39,000 206 Linn Ct #D


The average sales price in North Towne Homes for 2011 was $37,000

There is good news - 2012 already looks like it will be a busy year based on current buyer activity. Inventory remains high in North Aurora but we hope buyer activity will begin to reduce inventory. These are the homes in North Towne Homes Subdivision that are currently on the market:

$39,000 201 Linn Ct #D
$33,750 218 Linn Ct #B
$39,000 204 Linn Ct #A


The average list price for homes currently on the market in North Towne Homes is: $37,250

We do expect more sales activity this year in North Towne Homes and other North Aurora subdivisions - hope remains high that this additional activity will continue to push the market back into balance. If you are going to buy a home in North Towne Homes in 2012 or are thinking of selling a home in North Towne Homes I have assembled a market snapshot tool that you will want to bookmark. You can view up-to-date market reports for this subdivision as well as all of North Aurora on my North Towne Homes real estate reports page. Another resource I have been working on this year is a community info page for the North Towne Homes subdivision. This page combines school statistics with a local map-based business search. On the same easy-to-navigate page, you can research information about area schools, locate the nearest grocery stores or find a good place for dinner near the subdivision by visiting my North Towne Homes Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in North Towne Homes, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.
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