A woman called me the other day from England asking about the real estate market in Evanston. She graduated from Northwestern University in Evanston and is considering taking a job in Chicago.
Unlike the many of suburbs where I’ve worked this year, the median Evanston house price* for the past 3 months (August – October) is higher than for the same period in 2006. In fact, it’s up 20% ($625K vs. $521K)! Yes, I checked the numbers twice to make sure it wasn’t a mistake! 
The 2006 median price was up 11% from the same period in 2005.
The median price for Evanston condos is also up from the same period last year, but only 2%.
*Based on Multiple Listing System of Northern Illinois (MLSNI) Data
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
