Is Evanston, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Evanston has remained a Seller's Market.
Housing Prices in Evanston, CO
How much do homes in Evanston, CO cost?
Median Sold Price
$715,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Evanston was $715,000 in April 2024, down 6.9% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $256.5K | $430K | +67.6% |
2 Bedrooms | $629.3K | $627.5K | -0.3% |
3 Bedrooms | $720K | $708.8K | -1.5% |
4 Bedrooms | $830K | $1.2M | +45.0% |
5+ Bedrooms | $1.4M | $770K | -45.9% |
Summary: Evanston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.6%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 45%, and 5+ bedroom homes decreased by 45.9%.
Median Sold Price Compared To Nearby Neighborhoods
Iliff's University | $2.0M | $2.3M | +17.3% |
Evanston | $767.6K | $715K | -6.9% |
University | $821K | $760K | -7.4% |
Housing Supply in Evanston, CO
How many homes are available in Evanston, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 30 | +100.0% |
Summary: The Evanston real estate market had 30 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 7 | 14 | +100.0% |
4 Bedrooms | 1 | 5 | +400.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Evanston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 400%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 9 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Evanston in April 2024, up by 100.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Evanston, CO
How long does it take to sell a home in Evanston, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 22 Days | +2.5% |
Summary: Homes in Evanston had an average of 22 days on market in Apr 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Evanston; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.