This Lakes of Bliss Woods 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 Lakes of Bliss Woods 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:
$294000 1012 Oak St
$305000 1031 Oak St
$315000 914 Elm St
The average sales price in Lakes of Bliss Woods for 2011 was $304,667
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 Lakes of Bliss Woods Subdivision that are currently on the market:
$299900 916 Elm St
$305000 906 Spruce St
$319900 1028 Oak St
$329900 604 Hickory St
$368000 916 Oak St
$379000 621 Birch St
$250000 912 Elm St
$345000 909 Oak St
The average list price for homes currently on the market in Lakes of Bliss Woods is: $324,588
We do expect more sales activity this year in Lakes of Bliss Woods 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 Lakes of Bliss Woods in 2012 or are thinking of selling a home in Lakes of Bliss Woods 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 Lakes of Bliss Woods real estate reports page. Another resource I have been working on this year is a community info page for the Lakes of Bliss Woods 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 Lakes of Bliss Woods Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Lakes of Bliss Woods, Sugar Grove or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.
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