Glenshire Subdivision is located on the South side of Champaign northeast of the intersection of Kirby and Staley Rd. It features two large lakes, a spacious commons area and walking paths that join with Cobblefield to the North. A little known fact for home buyers in Champaign, 2 phases of Glenshire are located outside the city limits. This can mean big savings through lower real estate taxes.
As of 9/27 there are 4 homes actively listed for sale and 1 pending transaction. The number of home sales year to date is even with last year (6 sales). Numbers for the past 6 and 12 months of closed sales show improvement since 2010 with the exception of 9 sales in 2011. Given the size of the neighborhood and the number of home sales each year, it’s not uncommon to see more fluctuation in the home sale statistics for Glenshire Subdivision.
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The average sale price has trended up since 2010. YTD for 2012 the average sale price in Glenshire was $207,295. This is partially impacted by the size of homes sold (3 of the 6 homes sold were over 2600 sqft in the last year) and also by the general improvement in the Champaign County real estate market.
Another positive note for homeowners is the Days on Market (DOM). DOM for home sales in Glenshire has consistently dropped over the last 3 years currently sitting at 40 days.
Home sale numbers can vary widely for Glenshire due to the relatively low turnover within the neighborhood. If you have specific questions about property values or home sales in Glenshire contact me or call 217-239-7114. I have lived in Glenshire, am very familiar with the market and have sold many properties in this area.
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