Evanston IL Real Estate January 2018

Evanston IL Real Estate January 2018

Here is the first report of 2018 for Evanston IL Real Estate. The market started the year off with many people interested in finding property. Even with snow and cold weather showings have been requested.Evanston IL

Evanston is in a “seller’s Market”. This report will examine a 30-day time frame that ends January 14 of 2018. Comparing the figures to the same time last year give us our reporting data.

For all types of property Evanston has 17.9% less change in new listings. The closed sales equal what was seen last year. Evanston has a 6.4% gain in inventory of all types of inventory.

Breaking it down to single family homes, new listings are down by 41.2%. Under contract properties ae down by 5.3%. Closed sales are up by 10%. The average sales price is $534,379 and that is down by 17.4%. The average market time is 64 days and that is down 38.5%.

It is a good time to purchase a single-family home in Evanston, the Spring buyer’s market is right around the corner, so we feel prices will go up.

Evanston IL

Click on Evanston IL Houses for sale and Evanston IL Condos for sale to see the latest inventory. This is a direct connection to the Multiple Listing Service and very accurate.

Evanston Condos have a different story. New listings are flat. Under contract properties are down 29.6%. Closed sales are down 7%. The average sales price is $246,580 and that is down 4%. The average market time is up 7.8% to 83 days.

Evanston IL Real Estate January 2018

Call us day or night at (800) 858-7917. We are Coldwell Banker Evanston and enjoy helping first time buyers and answer all questions.

We welcome you to click Coldwell Banker Evanston our web site and you can browse on your own. There is some useful information to help you navigate Real Estate. At the end of this report is a much more complete chart to help you analyze the market even further.

Evanston Il Real Estate