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Chelsea Meadows Subdivision 2011 Year End Market Report
This Chelsea Meadows 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 Chelsea Meadows 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:
$144500 145 Chelsea Ave
$180000 90 Chelsea Ave
$184000 186 Arbor Ave

The average sales price in Chelsea Meadows for 2011 was $169,500
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 Chelsea Meadows Subdivision that are currently on the market:
$177000 157 Cross St

The average list price for homes currently on the market in Chelsea Meadows is: $177,000 ... more

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