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Evanston IL Real Estate Market Action Report September 2013
 
By Art Wilson, Realtor
 
 
 
Evanston's August Property sales were 117, up 19.4% from 98 in August of 2012 and -4.1% lower than the 122 sales last month. August 2013 sales were at their highest level compared to August of 2012 and 2011. August YTD sales of 739 are running 24.8% ahead of last year's year-to-date sales of 592.
 
The Median Sales Price in August was $266,000, down -11.1% from $299,250 in August of 2012 and down -12.6% from $304,250 last month. The Average Sales Price in August was $317,315, down -8.8% from $348,112 in August of 2012 and down -17.5% from $384,448 last month. August 2013 ASP was at the lowest level compared to August of 2012 and 2011.
 
The Total Inventory of Properties available for sale as of August was 271, down -7.8% from 294 last month and down -39.4% from 447 in August of last year. August 2013 Inventory was at the lowest level compared to August of 2012 and 2011.
 
The August 2013 Months Supply of Inventory of 2.3 months was at its lowest level compared with August of 2012 and 2011. A comparatively lower MSI is more ... more

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