Evanston IL Real Estate

 Because they hate looking like Martians…

Because they Hate to wear silly tights and capes…

Because they hate being in a position of authority…

Because they hate magic…

Because they hate vampires…

Because all they want is to be loved. This last picture is my dog Bailey…

It was the perfect day to drive around town and look at Halloween Decorations in Evanston!!

Halloween is just Around the Corner (edit/delete)

Evanston Halloween Events:

• Trick or Treat Hours on October 31, 2008 is 4 to 7 p.m

• Spooky Daze at Fleetwood-Jourdaine Center 1655 Foster Street  Friday October 27 from 6-8:30 pm for children 4-12 includes costume parade games, clowns, magic show, refreshments. Everything Free.

• Bug-a-Boo Walk at Ladd Arboretum Oct. 27 at the Ecology Center from 4- 6:40 pm

• Robert Crown Center Halloween Skate Party Tuesday October 30 from 6-7:15 pm

• Project Pumpkin at Northwestern’s Norris University Center for children ages 4 to 12. Contact Alondra Canizal @ a-canizal@northwestern.edu for dates.

As a “Short Sale” Specialist I  find it  important to discuss how the real estate market is being influenced by the number of “Short Sales” and “Foreclosures” in Evanston. The statistics I am about to report are only accurate to a point. Part of the problem is real estate agents are not disclosing their listings as “Short Sales” in the MLS even though the Real Estate Board has now improved the data entry on  both “Short Sales” and “Bank Owned” properties. With that in mind, here are the third quarter results on”Short Sales” and”Bank Owned” properties in Evanston.

Currently, there are 23 “Short Sales” Listings  and  4 “Bank Owned” Listings in Evanston. This represents 7%-9% of all “Active Listings” in Evanston, IL

During the past nine months, 8 “Short Sales”  and 4 “Bank Owned”  have closed in Evanston, Il. This represents 4% of all closed homes in Evanston.

We are now in the final quarter for 2008 and I think many realtors would say they hope to get through with this year and into next year. Here is where Evanston stands for the first three quarters of 2008.

What pops out in the statistics are the sales volume figures for single family homes and Attached Homes. Single Family sales are slightly off by 14% while Sales figures for Attached homes is off by 40%.

In 2007, 322 single family homes sold in Evanston.  In 2008, Evanston sold  276 single family homes.

In 2007,  581 Attached homes sold in Evanston.  In 2008, 350 Attached homes have sold.
Both Single family and Attached homes sales volume figures are down. Total Sales volume for single family homes is down 16% and 44% for attached homes from the previous year.

One final interesting fact about Evanston is the average sale price is down but is not as bad as other area’s are reporting. The average single family home in 2008 is $628,581 down from $655,251 in 2007. This represents a decline of just 4%.

The average price of an attached home in 2008 is $300,315 down from $321,764 in 2007. This represents a decline of 7%.