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What is Evanston Real Estate Trends Q4 2011 about?

The real estate market in Evanston saw a 3% drop in average sale prices for single family homes in September 2011. Inventory levels remained flat while days on market decreased. Properties that had price reductions sold for 86% of the original list price and took longer to sell than those without reductions. Buyers were being very selective, shopping widely, and prioritizing function over size. The average number of monthly home sales equaled levels from 2010, suggesting "value-based" buying with larger hom

Author

Don Shea

Language

EN