This Ashcroft Place Oswego 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 Oswego 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 Ashcroft Place 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:

$190000 309 Hemlock Ln
$215000 408 Arboretum Way
$225000 118 Linden Dr
$229800 519 Woodland Way
$239000 426 Arboretum Way
$248000 221 Liszka Ln
$265000 419 Arboretum Way
$279000 207 Liszka Ln
$285000 302 Hemlock Ln


The average sales price in Ashcroft Place for 2011 was $241,756

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

$233900 515 Woodland Way
$244700 114 Linden Dr
$299900 152 Linden Dr
$229000 642 Vista Dr
$234900 603 Vista Dr
$259000 245 Liszka Ln
$284900 640 Vista Dr


The average list price for homes currently on the market in Ashcroft Place is: $255,186

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