The Quick Version: Evanston is still a seller's market, but it’s not the "wild west" anymore. Median prices are sitting around $476,000, and while buyers have a bit more breathing room, the good stuff is still gone in under a week.
Beyond the Numbers
If you’ve been driving around town lately, you’ve seen the signs—literally. The spring market is officially here. We aren't seeing the 20-person lines at open houses like we did a few years ago, but don't let that fool you. If a house is priced right and looks good, it’s still pending in about 27 days.
What I’m seeing on the ground:
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Inventory is tight: We only have about a month's worth of homes available. If you're thinking of selling, you’re still in the driver’s seat.
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Rates are settling: At roughly 6.03%, buyers are finally coming off the sidelines. They’ve accepted that the "3% days" are gone and are ready to move.
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North Evanston is a hot spot: Anything near Central Street is moving lightning-fast.
The Bottom Line: It’s a smart time to sell, but you have to be strategic. Buyers are savvy and they won't overpay for a "fixer-upper" unless it's priced like one.