The Evanston IL Real Estate January 2017 report is in. We have a lack of inventory of mid level single family homes and there are many people very active in their searches. We are seeing many people asking for appointments and showing up at open houses.
We are looking at Evanston IL Real Estate and the stats for the last 30 days as compared to the same period last year ending January 14. We are flat in the stats for new listings. This is for all types of properties. Evanston has 18.9% less closed sales of all types of all types of properties and 28.6% less inventory.
Looking at Evanston IL Single family homes, there are 10.5% less new listings with 17 homes coming on as compared with 19 last year at this time. The same number of properties went under contract, 20 houses. Closed sales are down 14.3% with 30 properties sold as compared with 35 in 2016 at this time. The average sales price is up 12.8% to $646,983 from last years $573,577. The average market time is down 7.1% to 104 days. Last year at this time it was 112 days.
Evanston IL Real Estate and condominiums are a different story. New listing are up 8.7% with 25 condos coming on the market this month as compared with 23 last year during the same period. Condos going under contract are down 15.6% at 27 Vs 32 properties last year. Closed sales are down 21.8% with 43 condos being sold as compared with 55 in 2016 at this time. The average sales price is up 6.3% to $256,738, last year at this time it was $241,577. The Average market time is down 18.9% to 77 days. Last year it was 95 days.
Give us a call at (800) 858-7917 day or night of check out our web site if you want to search on your own at Coldwell Banker Evanston.