Summer Wind Subdivision 2011 Year End Market Report

Real Estate Agent with Century 21 Pro-Team
This Summer Wind 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 Summer Wind 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:

$63600 204 E Victoria Ln
$80000 309 Hidden Creek Ln
$84000 209 Hidden Creek Ln
$93000 320 E Victoria Cir
$94900 701 E Victoria Cir
$102350 621 Hidden Creek Ln
$103000 211 Hidden Creek Ln
$104000 609 E Victoria Cir
$104900 617 Hidden Creek Ln
$105000 802 E Victoria Cir
$106400 814 E Victoria Cir
$112000 214 Hidden Creek Ln
$112000 103 E Victoria Cir
$113000 706 E Victoria Cir
$113500 218 Victoria Cir
$115000 606 W Hidden Creek Ln
$115000 610 E Victoria Cir
$119000 307 Hidden Creek Ln
$120000 616 Hidden Creek Ln
$122500 1209 Fox Hill Ln

The average sales price in Summer Wind for 2011 was $104,158

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 Summer Wind Subdivision that are currently on the market:

$80000 704 Hidden Creek Ln
$99612 612 E Victoria Cir
$103000 108 Hidden Creek Ln
$104900 304 E Victoria Cir
$109900 208 Hidden Creek Ln
$112500 514 E Victoria Cir
$114900 522 E Victoria Cir
$114999 405 E Victoria Cir
$122900 309 Hidden Creek Ln
$139000 513 Hidden Creek Ln
$158900 717 Hidden Creek Ln
$59900 1205 Fox Hill Ln
$74900 705 Hidden Creek Ln
$103000 1206 Fox Hill Ln

The average list price for homes currently on the market in Summer Wind is: $107,129

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