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Hannaford Farm Subdivision 2011 Year End Market Report
This Hannaford Farm 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 Hannaford Farm 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:
$475000 1749 Hunters Ridge Ln
$525000 1752 Hunters Ridge Ln
$599000 1738 Hannaford Dr

The average sales price in Hannaford Farm for 2011 was $533,000
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 Hannaford Farm Subdivision that are currently on the market:
$475000 525 Willow St
$569000 1641 Chestnut Hill Ct

The average list price for homes currently on ... more

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