My Chesterfield 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:



Here are our home sales for 2011:



$230000 691 Thompson Ave

$238000 641 Stewart Ave

$250000 461 Chesterfield Ln

$270000 518 Chesterfield Ln

$275000 413 Chesterfield Ln

$282777 462 Chesterfield Ln

$230000 691 Thompson Ave

$238000 641 Stewart Ave




The average sales price in Chesterfield for 2011 was $257,630



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 Chesterfield Subdivision that are on the market:



$201300 664 Chesterfield Ln

$249900 734 Graham Rd

$274900 729 Stewart Ave




Subdivision homes under contract:

$229900 111 Harding Ct

$269900 405 Chesterfield Ln

$300000 572 Hamilton Ln




The average list price for homes currently on the market in Chesterfield is: $254,317



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 Chesterfield in 2012 or are looking to sell a home in Chesterfield 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 Chesterfield real estate reports page. Another resource I have been working on this year is a community info page for the Chesterfield 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 Chesterfield Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Chesterfield, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.