Orchard Estates Subdivision 2011 Year End Market Report

By
Real Estate Agent with Century 21 Pro-Team

Orchard Estates Year End 2011 Market Report

This Orchard 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 Orchard 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:

$110000 1573 Patterson Ave
$195000 1533 W Mooseheart Rd
$202500 1548 W Mooseheart Rd
$254000 843 Hathaway Ct


The average sales price in Orchard Estates for 2011 was $190,375

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 Estates Subdivision that are currently on the market:

$214900 800 Benson Ct
$224900 1500 W Mooseheart Rd
$339000 859 Hathaway Ct
$186000 934 Wilkinson Ln


The average list price for homes currently on the market in Orchard Estates is: $241,200

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



Illinois Blog 
 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Illinois Kane County North Aurora Orchard Estates
Groups:
Posts to Localism
Tags:
orchard estates
orchard estates subdivision
orchard estates north aurora
orchard estates market report

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
59,886

Eric Rogers

Ask me a question
*
*
*
*
Spam prevention

Additional Information