Here is our Evanston IL Real Estate Update for January 2015. As compared to the same time frame last year we have 30% less new listings of all types of properties 26.7 less inventory of all types of homes Evanston IL yet a 28.6% gain in closed sales in Evanston Real Estate. To break it down a bit, December had 38.7 less single family new listings, at 19 in this time frame of 2015 compared with 31 houses listed in December of 2014. what is promising is that we see a 44.4% gain in under contract single family homes and an average sales price that went up 4.7%. Average market time for December of 2015 is up 4.7% at 112 days for houses and 107 days this time 2014.
As for Evanston IL condominiums we see 20.7 less new listings in December 2015 but we see 44% more under contract condos and 41% more closed sales in December vs the same time in 2014. The average sales price for Evanston condos is down 2.2% and market time is down 32.6% to 96 days, last year it was 141 days. We predict a strong Spring market, Evanston IL is in great demand.
If you want to see for yourself, please click Evanston Real Estate and you will have a direct connection to the multiple listing service and one that is updated on the fly. This is the same data that we Realtors have access to so feel free to take a look.
Currently we have 80 single family homes for sale in Evanston IL, and 51 homes under contract and waiting to close. In the last 30 days, 58 houses have closed and are now off the market. Regarding condos, at this time Evanston IL has 145 condo for sale and 51 properties under contract and waiting to close. In the last 30 days 41 condos have closed and are now sold.
If you want to find out more about Evanston IL Real Estate or the community please give us a call. We have a toll free line at Coldwell Banker Evanston (800) 858-7917.