My RCA Subdivision 2011 Market Report is in with a look ahead to 2012. Over the past year, the North Aurora Real Estate market continued to be somewhat soft. We did see some improvement in market activity particularly in the last quarter that we hope will continue through this year. Jumping in to the market data, this is what we have:



RCA home sales for 2011:



$84900 24 S Cherrytree Ct

$93000 412 W State St

$99000 304 Harmony Dr

$103000 313 Hillside Pl

$115000 25 S Sycamore Ln

$120000 403 Farview Ct

$121000 613 Harmony Dr

$133000 509 W State St

$155000 616 W State St

$160000 310 W State St

$160000 604 W State St

$163000 617 W State St

$176500 312 Oak St




The average sales price in RCA for 2011 was $129,492



Based on current market activity, many agents are predicting a stronger spring than we've seen over the past couple years. Combine this with a decreasing number of new foreclosures and there's hope that the existing inventory will continue to erode. Currently, these are the homes in RCA Subdivision that are on the market:



$95800 327 John St

$134900 608 Princeton Dr

$159000 1 S Cherrytree Ct

$159900 319 Hillside Pl

$179000 609 Harmony Dr

$219000 306 Farview Dr

$130000 304 Farview Dr




The average list price for homes on the market in RCA is: $153,943



Hope remains high for North Aurora subdivisions that increasd market activity will continue to bring the market back into balance. If you are in the market to buy a home in RCA in 2012 or are looking to sell a home in RCA I have assembled a market activity report that you will want to bookmark. You can view up-to-date market activity for this subdivision and all of North Aurora on my RCA real estate reports page. Another resource I have been working on this year is a community info page for the RCA 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 RCA Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in RCA, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.