Tanner Trails Subdivision 2011 Year End Market Report

By
Real Estate Agent with Century 21 Pro-Team
This Tanner Trails 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 Tanner Trails 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:

$230000 2700 Berman Rd
$247500 2797 Berman Rd
$251000 2559 Bauer Rd
$257450 2760 Leonard Ln
$258000 2897 Sterkel Rd
$264500 2810 Sterkel Rd
$265000 2765 Plante Rd
$265000 2497 Moutray Ln
$277500 2551 Imgrund Rd
$285000 2681 Bauer Rd
$287000 880 Bennett Dr
$291500 2698 Bauer Rd
$300000 655 Bennett Dr
$335500 2697 Bauer Rd
$345000 2823 Leonard Ln
$345000 2436 Imgrund Dr
$358000 2744 Moutray Ln
$360000 2465 Moutray Ln
$365000 2689 Moutray Ln
$371000 750 Kelley Dr
$389900 415 Bennett Dr


The average sales price in Tanner Trails for 2011 was $302,326

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 Tanner Trails Subdivision that are currently on the market:

$200000 2204 Bartram Rd
$207000 2745 Moutray Ln
$240000 2821 Plante Rd
$258300 968 Bennett Dr
$269900 2121 Westover Rd
$275000 2697 Mcduffee Cir
$289900 2327 Orr Ct
$299900 678 Kelley Dr
$314900 2455 Bauer Rd
$315500 2181 Bartram Rd
$328000 2776 Leonard Ln
$345000 669 Kelley Dr
$347500 2419 Imgrund Rd
$349900 564 Meade Blvd
$359000 2415 Bauer Rd
$359500 2881 Sterkel Rd
$369400 2736 Moutray Ln
$375000 2688 Moutray Ln
$389000 615 Bennett Dr


The average list price for homes currently on the market in Tanner Trails is: $310,142

We do expect more sales activity this year in Tanner Trails 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 Tanner Trails in 2012 or are thinking of selling a home in Tanner Trails 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 Tanner Trails real estate reports page. Another resource I have been working on this year is a community info page for the Tanner Trails 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 Tanner Trails Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Tanner Trails, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.
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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
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It is easy to tell what is going on in the subdivision.

Feb 02, 2012 04:14 PM #1
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Rainer
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Eric Rogers

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