Evanston IL Real Estate December 2017, the last report of the year. The year has been very productive. 2019 looks to be very busy and Evanston is expanding at a rapid rate.
The focus of this report is a comparison of a 30-day time frame ending December 14th to the same period of last year. It will help people understand trends. We welcome any questions.
Looking at Evanston IL Real Estate and all types of properties show a drop by 2.8% of new listings. Closed sales have gone up by 4.2 %. Evanston has a 1.2% gain in inventory.
Evanston IL houses are up by 44% in new listings available for sale. Under contract properties are up 77.8%. Closed sales are at exactly the same rate as last year at this time. The average sales price has dropped by 12.3% to $539,833. The average market time is down by 1.2% to 80 days before a contract.
New listings of Evanston IL condominiums are down by 28.3%. Under contract condos are 23.3%. Closed sales are up 8.6 %. The average sales price for an Evanston IL condo is down by 18.4% to $242,071. The average market time is down 5.3% to 72 days.
Evanston IL is growing rapidly. Many people are interested in the community. Excellent schools are available and there are many activities available. The downtown will get new condominium complexes in 2018.
Public transportation in Evanston IL is excellent. The Metra and EL trains make it easy to get to downtown Chicago and just about anywhere else a person wants. It takes about 25 minutes to get to the Chicago Loop from Evanston on the train.
Evanston IL Real Estate December 2017
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