Thursday, January 12, 2017

Evanston IL Real Estate December 2016 Market Conditions

Evanston IL Real Estate December 2016 Market Conditions is in. We have a great report that covers a 30-day period ending December 14, 2016. This report compares the statistics from the same time
Evanston IL
frame exactly one year ago,

2016 was a very busy year on Evanston IL Real Estate. People want to live in the community and continue to search property for sale.

Click Evanston IL Houses for sale and Evanston IL Condos for sale to see the most recent inventory available. This is directly from the Multiple Listing Service (MLS) and very accurate data.

People who are selling their houses and condominiums in Evanston IL are getting a good value and that will continue to go up through 2017. Now, in January we are getting calls from people inquiring about buying and selling property in Evanston for the near future.

At present, we see a lack of inventory for Evanston single family homes and condos for sale. New listing for single family homes are down 25% as compared with last year at this time. Closed sales are up 44% and the average sales price for a house is up 30.4%. Market time until a contract is down 18.2% to 102 days.

If you are interested in Evanston IL Condo sales, new listings are up by 22.9% which is surprising. Closed sales are down 22.2% and the average sales price is up 13.7%. The average market time before a contract is down 18.3% to 76 days.

Evanston IL


Many new businesses are opening in Evanston IL and Northwestern University is really growing. We see new construction as NU adds dorm space and new school expansion. This is going to continue through 2017.

If you have any questions or want help with Evanston IL Real Estate please contact us and any of your questions will be answered. We will help you with all aspects of this business and show you property at a time that works for your schedule.

Call day or night (800) 858-7917 or check out our site at Coldwell Banker Evanston.

Evanston IL Real Estate