This
Mirador 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 Mirador 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:
$287000 880 Bennett Dr
$300000 655 Bennett Dr
The average sales price in Mirador for 2011 was $293,500
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
Mirador Subdivision that are currently on the market:
$200000 2204 Bartram Rd
$214995 977 Mirador Dr
$234995 929 Mirador Dr
$249995 985 Mirador St
$258300 968 Bennett Dr
$262995 937 Mirador Dr
$267995 921 Mirador Dr
$269900 2121 Westover Rd
$272240 954 Mirador St
$294770 946 Mirador Dr
$315500 2181 Bartram Rd
$344900 2088 Westover Rd
$349895 993 Mirador Dr
$359650 969 Mirador Dr
$599900 3S202 Deerpath Rd
$249900 2017 Westover Rd
The average list price for homes currently on the market in Mirador is: $296,621
We do expect more sales activity this year in Mirador 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 Mirador in 2012 or are thinking of
selling a home in Mirador 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
Mirador real estate reports page. Another resource I have been working on this year is a community info page for the Mirador 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
Mirador Community Page. I hope you have found this information informative and always remember that if you need real estate assistance in Mirador, North Aurora or another Illinois community, please don't hesitate to call Eric Rogers at (630) 346-1041.
