2015 is finally coming to a close and it's time again to see how the year did in relation to 2014 statistics. The review is a micro market review of Evanston and Wilmette Communities. Statistics are from all sales posted up to December 29, 2015 a couple of days before the end of the year.
I have included both Single Family and Attached closed statistics for each community.
Year 2014: Single Family
| City | # Closed | Avg. Sold Price | Avg. Days on Mkt. | % Increase/ Decrease |
| Evanston | 424 | $525,432 | 71 | 0 |
| Wilmette | 368 | $861,219 | 58 | 0 |
Year 2015: Single Family
| City | # Closed | Avg. Sold Price | Avg. Days on Mkt. | % Increase/ Decrease |
| Evanston | 485 | $576,526 | 81 | 9% |
| Wilmette | 358 | $852,961 | 72 | 0 |
Summary:
All year agents were complaining about low inventory but in reality the number of homes sold was the same for single family homes for the past two years. Evanston prices actually increased 9% while Wilmette remained about the same. Wilmette's average home prices however are much higher than Evanston. The average market time was also the same for the past two years.
Yr 2014: Attached
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| City | # Closed | Avg. Sold Price | Avg. Days on Mkt. | % Increase/ Decrease |
| Evanston | 548 | $260,949 | 89 | 0% |
| Wilmette | 95 | $335,373 | 114 | 0% |
Year 2015 Attached
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| City | # Closed | Avg. Sold Price | Avg. Days on Mkt. | % Increase/ Decrease |
| Evanston | 637 | $258,292 | 92 | 0% |
| Wilmette | 83 | $341,445 | 109 | 1% |
Summary:
Attached properties include both condo and townhouse sales. Evanston has more attached homes than Wilmette. Inventory levels for Evanston were slightly better than Wilmette. However the average sale price seems to be flat with no increase. Average days on market is also about the same.
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