Remington Landings Year End 2011 Market Report

This Remington Landings North Aurora 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 North Aurora 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 Remington Landings 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:

$239000 621 Western Ave
$250000 718 Remington Ln
$285000 2909 Carlisle Ln
$295000 2948 Carlisle Ln
$325425 2925 Carlisle Ln


The average sales price in Remington Landings for 2011 was $278,885

There is good news - 2012 already looks like it will be a busy year based on current buyer activity. Inventory remains high in North Aurora but we hope buyer activity will begin to reduce inventory. These are the homes in Remington Landings Subdivision that are currently on the market:

$282400 2988 Carlisle Ln


The average list price for homes currently on the market in Remington Landings is: $282,400

We do expect more sales activity this year in Remington Landings and other North Aurora 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 Remington Landings in 2012 or are thinking of selling a home in Remington Landings 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 North Aurora on my Remington Landings real estate reports page. Another resource I have been working on this year is a community info page for the Remington Landings 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 Remington Landings Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Remington Landings, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.