3/30/12 Market Update: Unbelievable opportunities in Tall Grass Subdivision! There are currently 30 custom homes available. 9 homes are priced in the $400,000's and 4 homes are priced in the $500,000's. The lowest recent sale was $400,000!! If you have ever considered purchasing a home in this beautiful neighborhood, Now is the time. Give me a call for more details, photos, etc.
To View all available Tall Grass Properties currently on the market, CLICK HERE.
TALL GRASS is one of Naperville's newer subdivisions of beautiful, custom, luxury homes located just south of 95th Street and west of Route 59, southwest of downtown Naperville. You will find Fry Elementary School and Scullen Middle School within the community. The community offers an Aquatic Center, Sand Volleyball, Tennis Courts, Clubhouse and more. Tall Grass is a showcase for custom homes. If you are a buyer, looking in the Naperville area, TALL GRASS is currently (11/10/11) offering 23 single family homes in the price range $414,900 to $1,250,000, as well as lots on which you could build your dream home. See pricing info below: If you would like more information on currently available properties, CONTACT ME directly via phone or email.
NOTE: Tall Grass Subdivision is very near completion at this time (11/10/11), but there are a limited number of building lots available. If a Tall Grass custom built home interests you, contact me for builder info and lot availability.
I receive many questions regarding the front facing direction of the remaining building lots. Due to popular demand for this information, I am currently compiling the details. Here is what I have so far:
Approximately 13+ lots are currently available: (8-9-10)
Neighborhood Snapshot - examples of Sold Homes:
 
11/5/10 - due to market conditions, most lots are still available.
1 North Facing
2 Southeast Facing
1 South Facing
4 East Facing
5 West Facing
TALL GRASS MARKET INFORMATION
Homes Sold In TALL GRASS:
Year: 2005
Homes Sold: 132
Lowest Selling Price: $453,000
Highest Selling Price: $1,125,000
Average Selling Price: $789,000
Average Market Time: (new builds)
Year: 2006
Homes Sold: 81
Lowest Selling Price: $495,000
Highest Selling Price: $940,000
Average Selling Price: $717,500
Year 2007
Homes Sold: 68
Lowest Selling Price: $462,000
Highest Selling Price: $1,500,000
Average Selling Price: $981,000
Average Market Time: 163.28 days
Average Selling Price was 96 % of list price. *
TODAY (3/30/12)
Currently Available Properties: 30
(ranging in price from $439,900 - $1,250,000)
Current Properties Under Agreement: 6
** DOM = days on market
ALL 2010 sales To View closed sales for 2007-2009 Click HERE
3743 Highknob $400,000 (Foreclosure)
3116 Deering Bay $425,000 (short sale)
3936 Bluejay $437,000
3703 Tall Grass $450,000
3819 Mistflower $458,000
3415 Sunnyside $460,000
3707 Tall Grass $470,000
3412 Goldfinch $472,500
3740 Highknob $475,000
3740 Sunburst $476,000
3024 Rollingridge $480,000
3820 Bluejay $481,000 (Short Sale)
2816 Mistflower $485,000 (Short Sale)
3823 Sunburst $493,000
3832 Grassmere $495,000
3710 Rollingridge $510,000
3917 Highknob $515,000
3711 Mistflower $515,000
3536 Vanilla Grass $517,650
3507 Redwing $520,000
3551 Vanilla Grass $522,000
2708 Mistflower $525,000
3424 Tall Grass $525,000
3403 Goldfinch $525,000
3423 Tall Grass $533,000
3931 Bluejay $535,000
3979 Bluejay $542,500
3516 Rollingridge $545,000
3824 Junebreeze $545,000
3547 Vanilla Grass $545,000
3228 Mistflower $547,000
3543 Sweet Maggie $548,500
3536 Sweet Maggie $550,000
3420 Breitwieser $550,000
3332 Tall Grass $557,000
330 Tall Grass $560,000
3620 Mistflower 570,000
3304 Danlaur $575,000
3440 Brietwieser $577,000
3612 Kestral $577,500
3415 Minito $590,000
3520 Vanilla Grass $596,000
3179 Kingbird $597,500
3808 Mistflower $600,000
3620 Kestral $600,001
3724 Nicanoa $607,000
3522 Kestral $612,000
3531 Redwing $630,000
3308 Danlaur $645,000
3316 Danlaur $697,000
3107 Twilight $700,000
2011 Closed Sales
3519 Stackinghay $410,000
3415 Redwing $425,000
3604 Landsdown $433,000
3820 Grassmere $435,000
3140 Kingbird $440,000
3531 Breitwieser $445,000
3432 Redwing $450,000
3908 Grassmere $450,000
3727 Highknob $450,000
3428 Goldfinch $450,000
3415 TallGrass $452,000
3003 Deering Bay $455,000
3628 Mistflower $456,000
3816 Bluejay $460,000
3535 Redwing $465,000
3752 Sunburst $472,000
3731 Sunburst $475,000
3412 Redwing $479,000
3608 Tall Grass $497,000
3331 Tall Grass $480,000
3724 Bluejay $485,000
3704 Landsdown $488,500
3143 Deering Bay $490,000
3908 Landsdown $495,000
3628 Landsdown $507,500
3551 Stackinghay $508,500
3612 Landsdown $520,000
3751 Sunburst $520,000
3520 Sweet Maggie $520,000
3304 Mistflower $522,500
3107 Mistflower $525,000
3435 Redwing $525,000
3012 Rollingridge $535,000
3555 Vanilla Grass $537,000
3431 Goldfinch $540,000
3539 Vanilla Grass $550,000 (Short Sale)
3808 Horizon $560,000
3323 Mistflower $565,000
3631 Kestral $575,000
3639 Hector $575,000
3628 Hector $585,000
3451 Redwing $590,000
3544 Vanilla Grass $620,000
3511 Grassmere $630,000
2824 Mistflower $630,800
3139 Kewanee $825,000
2012 Closed Sales
3731 Highknob $360,000 (Foreclosure)
3520 Sweet Maggie $477,500
3408 Redwing $490,000
3027 Rollingridge $495,000
3136 Deeriing Bay $515,100
3816 Junebreeze $520,000
3428 Tall Grass $530,000
3424 Minito $680,000 (Short Sale)
STATISTICS FOR SIX MONTH PERIOD (9/30/11 - 3/30/12)
Sold & Settled: 22
Currently Available: 30
Currently Under Agreement: 6
Absorption Rate: 6.43 days
Supply: 192.9 days
Average sale price was 95% of final list price.*
Average sale price was 89% of original list price.
Average sale price = $458,202
Average Days on Market = 117 days
*NOTE: This calculation is based upon the final list price, not the original list price. In many cases there were multiple price reductions before a final list price was reached and a subsequent agreement of sale.
What is an "Absorption Rate"? Absorption Rate = the statistical time needed for 1 home to come under contract.
What does "Supply" mean? Supply = the statistical time needed to bring all currently available homes to contract.
WHAT DOES ALL THIS MEAN?? . . . Here's my interpretation: When using the most recent 6 month marketing information, (statistically) 1 home in TALL GRASS will go "under agreement" every 6.43 days. With 30 homes on the market currently, it would (statistically) take 192.9 days for all available homes to go "under agreement" (assuming that no new properties entered the market at all during this period)
If you are a TALL GRASS Homeowner and would like more information about the value of your home, see my "What's Your Home Worth?" page.
If you would like more information about establishing a selling price, see my "Selling Price" page.
Use the CONTACT ME section on the right side of this page for additional questions or information.
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