Saturday, July 25, 2015

Lincoln Park two bedroom condo units sales up 13% first half 2015 (non high-rise), prices inch up

Taste of Lincoln Avenue today before opening.  Many condos line Lincoln Avenue in Lincoln Park.

We'll be listing another two bedroom condo near North Halsted Street and West Diversey Parkway in August.  This Lincoln Park intersection offers dozens of restaurants and bars near the lake.  The CTA Brown Line at Diversey is a couple blocks walk.  Let's take a look at over-all Lincoln Park two bedroom condo sales (no high-rise, under 50 units).

Lincoln Park two bedroom condo sales (no high-rise, under 50 units) January 1st-June 30th, 2015

212 two bedroom condo units closed on the MLS from Jan 1st to June 30th in Lincoln Park. Unit sales are up thirteen percent (13%) over the same period in 2014. The median price of a two bedroom condo (under 50 units total) is about $415,000.  186 units were sold over the same period last year with a median price of $409,500.

In 2013, 173 two bedroom condo units sold in the first half with a median price of $400,000. 

Vintage two bedroom condos on Clark Street.



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