My Oberweis 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:



Oberweis 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



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. There are currently no homes in Oberweis Subdivision that are on the market, so now is a great time to list!



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