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2008 July Statistics
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Closed Properties
2008 Wesley – Evanston – $45,500 (short sale)
1619 Howard #B1 – Evanston- $ 69,000
842 Hinman #3 – Evanston – $80,000
1516 Hinman #510 – Evanston – $116,000
1725 Dodge – Evanston – $125,000 (foresclosure)
1426 Fowler – $127,500 (foreclosure)
840 Hinman #1 – Evanston – $128,900
360 Ridge #7-2 – Evanston – $140,000
2627 Central #2 – Evanston – $143,000
828 Oakton #3B – Evanston – $152,000
809 Judson #1-E – Evanston – $154,000
332 Ridge #2 – Evanston – $172,500
9220 East Prairie- #309 – Evanston – $205,000
1800 Main – Evanston – $210,000 (foreclosure)
823 Forest #1E – Evanston – $215,000
2150 Sherman #3B – $216,000
1572 Maple #601 – Evanston – $219,000
800 Elgin #713- Evanston – $240,000
2150 Sherman #4C – Evanston – $ 242,500
835 Judson #309 – Evanston – $252,500
2951 Central #301 – Evanston – $255,0000 (foreclosure)
910 Washington #2A – Evanston – $260,000
515 Main #406 – Evanston – $282,5000
723 Hinman #3 – Evanston – $289,000
1213 Dodge – Evanston – $290,000
727 Monroe – Evanston – $295,000
1720 Oak #202 – Evanston – $310,000
1640 Maple #301 – Evanston – $310,000
1821 Crain #1821 – Evanston – 310,000
1100 Grove #1W – Evanston- $ 322,500
1633 Seward – Evanston – $330,000
807 Davis #301 – Evanston – $354,000
515 Main #502 – Evanston – $357,000
2006 Harrison – Evanston – $380,000
1035 Asbury – Evanston – $385,000
229 Main – #3 – Evanston – $391,000
9025 Forestview – $397,5000
2512 Central Park – Evanston – $410,000 (short sale)
651 Hinman #1N – Evanston – $429,500
2122 Pioneer- Evanston – $450,000
3116 Hartzell – Evanston – $460,000
826 Madison – Evanston – $465,000
1601 Seward – Evanston – $495,000
1302 Davis #1 – Evanston – $502,000
1219 Greenwood – Evanston – $510,000
1037 Hull Terrace – Evanston – $520,000
1110 Sherman – Evanston – $520,000
913 Madison – Evanston – $565,000
631 Milburn – Evanston – $618,500
719 Central – Evanston – $625,000
3420 Park – Evanston – $658,125
2414 Hartrey – Evanston – $665,000
833 Lincoln – Evanston – $710,000
2614 Isabella – Evanston – $730,0000
2809 Colfax – Evanston – $903,000
310 Ahwahnee – Lake Forest – $1,025,000
1173 Cherry – Winnetka – $1,025,000
327 Wisconsin – Lake Forest – $1,125,000
2519 Park – Evanston – $1,150,000
377 Provident – Winnetka – $1,338,000
230 Oxford – Kenilworth – $1,400,000
1338 Hackberry – Winnetka- $1,475,000
1050 Forest – Wilmette – $1,665,000
296 White Oak- Winnetka- $1,750,000
1567 Maple #1503 – Evanston – $1,859,000
25 Woodley – Winnetka – $2,050,000
1117 Forest – Evanston – $2,075,000
1149 Laurel – Winnetka- $2,130,000
132 DeWindt – Winnetka- $2,181,250
161 Apple Tree – Winnetka- $2,645,000
66 Indian Hill – Winnetka – $2,810,000
Contract Pending (List Price=LP)
1713 Payne – Evanston – $19,900 LP
327 Callan #3E – Evanston – $45,000 LP
1410 Fowler – Evanston – $84,900 LP
8816 Ewing – Evanston – $119,900 LP
1742 Leland – Evanston – $142,500 LP
2730 Central #3B – Evanston – $149,900 LP
2230 Central #2W – Evanston – $157,000 LP
2236 Central #3 – Evanston – $157,700 LP
1585 Ridge #405 – Evanston – $159,900 LP
547 Sheridan #2W – Evanston – $172,000 LP
1628 Pitner – Evanston – $189,999 LP
807 Church #408 – Evanston – $225,000 LP
515 Main #603- Evanston – 232,900 LP
322 Main #3 – Evanston – $239,900 LP
9220 Harding – Evanston – $250,000 LP
1314 Main #2B – Evanston – $260,000 LP
1730 Hinman #4F – Evanston – $299,900 LP
1415 Sherman #506 – Evanston – $339,000 LP
2106 Asbury – Evanston – $349,000 LP
2025 Sherman #503 – Evanston – $350,000 LP
1224 Chicago #403 – Evanston – $360,000 LP
1143 Hinman #3 – Evanston – $370,000 LP
2001 Grant – Evanston – $389,000 LP
3333 Grant – Evanston – $399,000 LP
342 Ashland – Evanston – $399,000 LP
1640 Maple #1205 – Evanston – $400,000 LP
1216 Dewey – Evanston – $449,000 LP
651 Hinman #2N – Evanston – $469,000 LP
1720 Maple #1710 – Evanston – $499,000 LP
1207 Main – Evanston – $525,000 LP
2433 Cowper – Evanston – $$600,000 LP
1510 Everett – Lake Forest – $645,000 LP
480 Westley – Glencoe – $650,000 LP
1630 Sheridan #3A – Wilmette -$650,000 LP
788 Glencoe – Glencoe – $695,000 LP
117 Kedzie – Evanston – $699,000 LP
1146 Cherry – Winnetka – $715,000 LP
104 Westminster – Lake Forest – $789,000 LP
1264 Forest Glen North - Winnetka – $789,000 LP
1175 Hamptondale – Winnetka – $799,000 LP
1004 Elm – Winnetka – $799,000 LP
301 Rose Terrace – Lake Forest – $895,000 LP
605 Brier – Kenilworth – $899,000 LP
836 Sheridan – Wilmette -$1,039,9000 LP
345 Madison – Glencoe – $1,089,000 LP
Based on information from Midwest Real Estate Data for the period July 21, 2009 through Aug. 6, 2009. Listing and solds by various participants of MRED.
For more real estate information, please call me at 847-512-2724 or email me at TPareti@rubloff.com
Filed under: Monthly property report Tagged: | evanston closed properties, evanston properties under contract, Evanston property transfers, evanston real estate, tim pareti
Tim,
It’s always interesting to see this comparison data for the Evanston market.
I’m curious what sort of differences you’ve seen in the mix of buyers this year compared to 2008 and 2007. First-time buyers vs. move-up buyers, FHA loans vs. non, % of down-payment used. Also, any thoughts on differences in how well properties above and below the jumbo mortgage line are moving?
Hi Dan,
Great questions. For the Evanston single-family market, I have not seen this year a noticeably larger influx of first time buyers who are motivated by the federal tax credits. Those buyers are typically seen in the condo market. I have not seen too many FHA loans in the single-family market or an uptick in those loans as a Realtor or appraiser. FHA loans seem to be more common in the condo market. As for percentage of down payments in the single-family home market, I think there is probably a greater number of buyers with less cash for down payment and earnest money simply because there is a portion of the home buyer market that is having difficulty selling their condos to purchase a home. These buyers are seeing their equity melt away, and they are coming into the single-family market with less cash. This in part is affecting the value of single-homes.
I have seen a large number of single-family home buyers in Evanston who are young couples with small children or ready to start a family looking to move-up.
It has been my experience without researching significant data that homes below the jumbo rate do sell faster and more often simply based on the logic that there are more buyers in that price range. I hope this helps. Thanks.