Take a look at the Evanston IL Real Estate update for August 2015. We prepare these
reports each month and focus on comparison of this period as opposed to the same time one year ago. Let us talk about a one month time frame but the end report will show you much more. We go into trends and if you check out the chart at the end you can see the complete picture for Evanston Real Estate and goes into great detail so you can see for yourself what is happening and what to expect.
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Looking at Evanston IL Real Estate in general, that is all property
types we have a decline of 14.7% of new listings. That indicates a
seller's market. It means that there is high demand and still a good
time to sell a home or condo if that is what you are considering.
Evanston IL has a 2.9% gain in closed sales and a negative 31.4% change
in inventory of all homes. The strong sales means opportunity for
sellers and buyers that have to act quickly.
For the Evanston Real Estate single family scene we have had 75 new
listings this month as compared with 81 during the one month time frame
ending August 15th 2015. This is 7.4% less and we have 22.5% more under
contract houses, 49 this month and 40 one year ago for this month.
Closed sales have gone up 14.8% with 70 houses closing as compared with 61
last year this month. The average sales price for a single family home
in Evanston is currently $605,000 and last year it was $625,000 during
the middle of July and ending August 15 2016. That is down 3.2%. Average
market time is down 3.2% to only 60 days before a contract and last
year it was 62 days.
Click Evanston Houses for Sale and Evanston Condos for sale to see the most current inventory.
On to condos in Evanston Real Estate, we have a 20.2% dip in new listings with
87 coming on this month and 109 last year, same time. Closed sales are
down 6.3% and the average sales price for an Evanston condominium is
down 13.3% to $254,920 as opposed to 2015's $294,087. The average market
time for a condo is down a hair over 10% to 62 days, last year it was
at 69 days.
If you want to discuss Evanston IL Real Estate or the community please call or email. We would love to hear from you.
Understanding your Expectations and Exceeding them
(800) 858-7917
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