The stats are in for the Evanston IL Real Estate scene for April 2016. Looking at the combined numbers of all types of property we have 15.4% less news listings, 11.5% less inventory but Evanston IL has an 8% gain in closed sales. For new listings of single family homes we have 8.9% less properties for the period ending April 14 2016, 33.8 less under contract homes and closed sales are down 8.1% for houses. The average sales price is up 4.4% from $460,604 in 2015 to $480,980 at this time. The average market time is up 21% to 127 days from 116 days last year at this time.
Taking a look at the condo scene we have 20.2% less listings on the market at this time, but a 5.2% gain of under contract condos and a 20% gain in closed sales for this time frame, last year this month 50 condos closed, this period the figure is 60 properties. The average market time is up 5.1% to 103 days so we have mixed news in the Evanston IL Real Estate market.
Evanston IL and continues to be a very popular location for home buyers. A desired location with excellent access to public transportation via the “EL” and Metra trains and a great selection of dining choices as well as interesting shops and a host of entertainment are a few of the amenities Evanston IL offers.
If you have any questions about Evanston IL Real Estate, the buying or selling process or the community in general, please contact us at Coldwell Banker Evanston. We can set up a personalized property alert to deliver listings to you via email and then set up showing at a time that works for your schedule.
Understanding your Expectations and Exceeding them