Chelsea Meadows Subdivision 2011 Year End Market Report

Real Estate Agent with Century 21 Pro-Team
This Chelsea Meadows Sugar Grove 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 Sugar Grove 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 Chelsea Meadows 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:

$144500 145 Chelsea Ave
$180000 90 Chelsea Ave
$184000 186 Arbor Ave

The average sales price in Chelsea Meadows for 2011 was $169,500

There is good news - 2012 already looks like it will be a busy year based on current buyer activity. Inventory remains high in Sugar Grove but we hope buyer activity will begin to reduce inventory. These are the homes in Chelsea Meadows Subdivision that are currently on the market:

$177000 157 Cross St

The average list price for homes currently on the market in Chelsea Meadows is: $177,000

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