Today we have the Evanston IL Real Estate report for May 2016. It is data current through May
14th 2016
and covers a comparison of April of 2015 and April of this year.
Evanston IL Real Estate has 9.1% less new listing in all property types a
gain of 1.9% of closed sales and 18.9% less inventory when looking at
the total picture of all types of properties together. To break it down
further let us look at single family homes. For the month of April we
have 2.2% less new listings at 90 properties as compared to 92 in April
of 2015. Evanston has a gain of 6.1% of under contract houses, 52 as
compared to 49 at this time in April of last year. The market shows
12.6% less closed sales of single family homes in Evanston IL at 42
homes, last year there were 48. The average sales price of single family
homes are up 3.8% to $578,652 from $557,256 in April of 2015. The
average market time currently for single family homes in Evanston IL is
65 days and that is down 11% as compared to last year at this time when
we were at 73 days. We have less inventory of some price brackets.
Click
Evanston IL Homes for sale and
Evanston IL Condos for sale to see the latest inventory.
Viewing the Evanston Real Estate condominium scene we have 15.1% less new
listings as compared to April of 2015 with 90 condo coming on in April
of this year and 106 properties last year of the same period. April of
2016 shows 5.1% more under contract condos at 83 this period and 79 last
year yet a 14.3% gain if condo closed sales at 64 this April and 56
last year at this time. The average sales price for a condo in Evanston
IL is currently $278,673 a 7.3% gain as compared to $259,603 last year
in April. The average market time for condos is now 162 days which is
27.4% less time than last year at 223 days.
Evanston IL is
continuing to be a very popular location for buyers, I have been a
resident since 1979 at age 21 and during that time I have seen huge
growth in the community. Evanston has become a desired location for all
ages there is so much to do. People love the parks, the beaches and all
the events Evanston provides. Don't get me wrong I love the city of
Chicago but Evanston is quiet, tree lined and easy to park. There are so
many great restaurants interesting stores and entertainment anyone
would enjoy.
If you want to learn more about Evanston IL the community
its events or the Real Estate? Contact us at Coldwell Banker Evanston
and we will answer all your questions. If you want to learn more about
the property available we can set up a personalized search based upon
your criteria. We have a system to email you property listings as they
hit the market. This is the most reliable way to find out about homes
and condos. We can show you property at a time that works in your
schedule. Before or after your work schedule or on weekends. You tell us
what works
Understanding your Expectations and Exceeding them
(800) 858-7917
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