Oberweis Subdivision 2011 Year End Market Report
By Eric Rogers
(Century 21 Pro-Team)
This Oberweis 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 Oberweis 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: $32188 213 Dee Rd $129000 201 Briar Ln $134400 114 Briar Ln $135000 113 April Ln The average sales price in Oberweis for 2011 was $107,647 There is good news - 2012 already looks like it will be a busy year based on current buyer activity. Inve...