This Walnut 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 Walnut 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:
$222500 910 Mcdole Dr
$227000 1251 Hall St
$250000 1290 Dorr Dr
$265000 1316 Hall St
$410000 1600 Mayapple Ct
$491000 1608 Mayapple Ct
The average sales price in Walnut Woods for 2011 was $310,917
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 Walnut Woods Subdivision that are currently on the market:
$224900 1294 Dorr St
$349900 1724 Blue Bell Ct
$829000 1700 Chaucer Ct
$219000 1175 Mcdole Dr
$220000 1325 Hall St
$249900 1155 Hall St
The average list price for homes currently on the market in Walnut Woods is:
We do expect more sales activity this year in Walnut 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 Walnut Woods in 2012 or are thinking of selling a home in Walnut 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 Walnut Woods real estate reports page. Another resource I have been working on this year is a community info page for the Walnut 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 Walnut Woods Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Walnut Woods, Sugar Grove or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.
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