Strafford Woods Subdivision 2011 Year End Market Report

This Strafford Woods Sugar Grove 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 Sugar Grove 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 Strafford Woods 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:

$460000 703 Windsor Rd
$474500 444 Courtney Cir


The average sales price in Strafford Woods for 2011 was $467,250

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

$520000 460 Haverhill Ct
$574900 705 Windsor Rd


The average list price for homes currently on the market in Strafford Woods is: 547,450

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