Waterford Oaks Subdivision 2011 Year End Market Report

This Waterford Oaks 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 Waterford Oaks 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:

$124000 1641 Waterford Rd
$140000 1632 Abington Ln
$200000 1340 Oakland Cir
$219000 1462 Westbury Cir
$220000 198 White Oak Ct


The average sales price in Waterford Oaks for 2011 was $180,600

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 Waterford Oaks Subdivision that are currently on the market:

$114900 198 Abington Ln
$119000 186 Abington Ln
$123000 190 Abington Ln
$124900 1649 Waterford St
$125000 253 Kathryn Ln
$129000 1657 Waterford
$165000 242 Abington Ln
$209900 1443 Waterford Rd
$224900 231 Alexandra Ct
$234900 1430 Westbury Cir
$125000 251 Abington Ln
$129900 1705 Waterford Rd
$129900 1600 Abington Ln


The average list price for homes currently on the market in Waterford Oaks is: $150,408

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