Orchard Crossing Subdivision 2011 Year End Market Report

This Orchard Crossing 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 Orchard Crossing 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:

$150000 1605 Hartsburg Ln
$176000 1558 Hartsburg Ln
$204000 1597 Hartsburg Ln
$226300 1432 Hartsburg Ln
$245000 1416 Fechner Cir


The average sales price in Orchard Crossing for 2011 was $200,260

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 Orchard Crossing Subdivision that are currently on the market:

$319900 413 Messenger Cir
$194319 617 Whalen Ct


The average list price for homes currently on the market in Orchard Crossing is: $257,110

We do expect more sales activity this year in Orchard Crossing 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 Orchard Crossing in 2012 or are thinking of selling a home in Orchard Crossing 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 Orchard Crossing real estate reports page. Another resource I have been working on this year is a community info page for the Orchard Crossing 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 Orchard Crossing Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Orchard Crossing, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.