Settlers Ridge Subdivision 2011 Year End Market Report

My Settlers Ridge Subdivision 2011 Market Report is in with a look ahead to 2012. Over the past year, the Sugar Grove 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:



Settlers Ridge home sales for 2011:



$250000 90 Gillett St

$260000 216 Goldenrod Dr

$325000 1466 Cornell Cir




The average sales price in Settlers Ridge for 2011 was $278,333



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 Settlers Ridge Subdivision that are on the market:



$275000 1113 Ottawa Cir

$295000 137 Diana Dr

$225000 1181 Mariemont Dr

$279900 1397 Settlers Ct




The average list price for homes on the market in Settlers Ridge is: $268,725



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

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