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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 ... more

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