Homes for Sale in Evanston (November 2011)

Homes for Sale in Evanston (November 2011)

Upscale homebuyers are discriminating and careful. They want the best home the North Shore has to offer, but they won’t pay more for a house than its fair market value.

If you’re a homebuyer looking for a great deal on Chicago’s North Shore, look for properties where the homeowners are motivated.

One indicator of motivation is market time … how long the property has been for sale.

Another sign of motivation is by comparing current list price to original list price (% PCH – OLP) and determining how much the price has declined. The greater the price deduction, the more the homeowners have settled into the realities of the market place.

Usually long Market Time (MT) and big Price Changes go hand-in-hand … but not always since homeowners who understand the value of their house from the get-go are willing to wait for the right offer.

Below is a sample of homes currently for sale in Evanston.

Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area.

It’s Judy … your North Shore Chicago real estate agent.