Sunday, October 2, 2016

Evanston IL Real Estate Report September 2016

Evanston Il Real Estate
Evanston IL 4 bedroom home
The Evanston Il Real Estate scene has really been booming the last few years. So many people want to live in Evanston and the town has much to offer. I have seen a big change since I started in the business.

We are seeing singles and young couples who are interested in Evanston IL Real Estate. This was not the case a decade ago. I will explain why the change has occurred or at least my opinion.

Northwestern University has greatly expanded in recent years. There is constant construction. They just finished a new music building and a visitors building with a huge parking garage. This is bringing in many new students and facility. 

Click Evanston Houses for sale and Evanston Condos for sale to see the latest inventory directly from the Multiple Listing Service (MLS).

The downtown area of Evanston has changed their zoning laws now allowing large high-rise condo buildings. The city never used to allow any large residential buildings. They changed this zoning law to gain money from property taxes. 

Evanston IL


With the expansion of Northwestern University and so many new property in Evanston has cause the need for many restaurants, stores and entertainment. This has attracted many people and turned Evanston IL into a very desired place to live. As Realtors we see a different type of customer interested in living in town.

The Evanston IL Real Estate market is still going strong at this point of beginning the Fall. Usually it would be dying off but not so in the last few years. People are still buying and selling property.

Currently there are 126 single family homes for sale in Evanston IL and 56 under contract and waiting to close. In the last 30 days, 35 houses in Evanston have closed and are now sold.

For condominiums we currently have 145 properties for sale and 72 under contract and waiting to close. In the last 30 days Evanston has had 47 condos close, they are sold and off the market.


If you have any questions about Evanston IL and the Real Estate situation please feel free to give us a call or check out our site at Coldwell Banker Evanston (800) 858-7917

Evanston IL Real Estate

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