Wednesday, May 18, 2016

Lincoln Park still booming: Single family home median price up 20%

While many popular North Side neighborhoods thawed a bit in unit sales, median price and sales dollar volume in the the first quarter of 2016 Lincoln Park turned up the heat.

A historic home on West Fullerton, Lincoln Park. Photo Eric Rojas, Broker, Kale Realty
34 Lincoln Park single family home units sold in first quarter of 2015 (January 1st - March 31st) with a median price of $1,880,000. Dollar volume was a whopping $71,823,411 over that time. But wait, there's more...

35 single family units sold over the same period in 2016.  Median price for the first quarter is up 20% to $2,237,500.  Sales dollar volume is also up 20% to $86,546,775.

 
The familiar statue outside Peggy Notebaert Nature Center
2430 N Cannon Dr, Chicago, IL 60614 in Lincoln Park

The highest Lincoln Park single family home sale in the first quarter 2016 is 2026 N Mohawk St Chicago, Illinois 60614 for $8,350,000... cash.


Stats gathered from MREDLLC.com

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