My Black Walnut Trails 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:



Black Walnut Trails home sales for 2011:



$217500 608 Sheffield Cir

$230000 792 Black Walnut Dr

$282000 621 Sheffield Cir

$315000 648 Sheffield Cir

$327000 949 Black Walnut Dr

$330000 687 Greenfield Ln

$347500 757 Merrill New Rd

$350000 720 Brighton Dr

$380000 749 Merrill New Rd

$397500 841 Edgewood Dr

$405000 872 Black Walnut Dr

$480000 672 Carlisle Ct




The average sales price in Black Walnut Trails for 2011 was $338,458



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 Black Walnut Trails Subdivision that are on the market:



$275000 910 Gregory Pl

$304600 762 Wild Ginger Rd

$309900 1026 Forest Trl

$364900 701 Brighton Dr

$369000 997 Jennifer Ct

$379900 758 Merrill New Rd

$422900 1023 Forest Trail Dr

$429000 994 Jennifer Ct

$449000 860 Longview Ct

$479900 993 Jennifer Ct

$575000 731 Woodbury Ct

$475000 1032 Pembridge Pl




The average list price for homes on the market in Black Walnut Trails is: $402,842



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 Black Walnut Trails in 2012 or are looking to sell a home in Black Walnut Trails 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 Black Walnut Trails real estate reports page. Another resource I have been working on this year is a community info page for the Black Walnut Trails 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 Black Walnut Trails Community Page.