This Randall Highlands 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 Randall Highlands 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:
Unfortunately there were no townhome sales in Randall Highlands in 2011. However, 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 Randall Highlands Subdivision that are currently on the market:
$144900 1157 Kilbery Ln
$159000 1161 Kilbery Ln
$168900 1274 Comiskey Ave
$175000 1133 Kilbery Ln
$199000 1294 Comiskey Ave
The average list price for homes currently on the market in Randall Highlands is: $169,360
We do expect more sales activity this year in Randall Highlands 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 Randall Highlands in 2012 or are thinking of selling a home in Randall Highlands 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 Randall Highlands real estate reports page. Another resource I have been working on this year is a community info page for the Randall Highlands 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 Randall Highlands Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Randall Highlands, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.
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