$400-600K properties in Evanston have long been a ‘sweet spot’ for sellers. High demand and often low inventory. I am highlighting this market price point this week because it is a particularly good time to sell a property in this range. Take a look at the numbers.
This breakdown shows that the number of properties sold year to date in this range is up 9% and the average days on market is down 11%.
The two graphs chart the market progress for the year showing that October property sales were up 37.5% from the previous October and Median sale price is up 7.9%!
What tells us it’s a good time to list NOW? Inventory from last month is down 20%! less competition means your property stands out. Buying demand is still strong. Contact me anytime for a free comparative market analysis of your Evanston, Skokie, or North Shore home.