Moose Lake Estates Subdivision 2011 Year End Market Report

This Moose Lake Estates 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 Moose Lake Estates 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:

$250000 444 N Sycamore Ln
$269000 485 Pheasant Hill Dr
$280000 449 Pheasant Hill Dr
$301000 523 Prairie Ridge Ln
$315000 582 Mallard Point Dr
$350000 473 Pheasant Hill Dr


The average sales price in Moose Lake Estates for 2011 was $294,167

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 Moose Lake Estates Subdivision that are currently on the market:

$240000 344 Phesant Hill Dr
$329900 325 Pheasant Hill Dr
$336775 389 Pheasant Hill Dr
$349900 409 N Sycamore Ln
$354000 518 Mallard Point Dr
$392290 418 Mallard Point Dr
$439900 466 Fox Crossing Ave
$259900 514 Mallard Point Dr
$317000 528 Moose Lake Dr


The average list price for homes currently on the market in Moose Lake Estates is: $335,518

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