Tuesday, June 29, 2010

Statistics: 2010 Lincoln Park single family home sales double in second quarter over 2009

2010 Lincoln Park single family home sales in second quarter will double the 2009 second quarter unit sales.



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With one day left in the 2010 second quarter (April 1st to June 30th) there have been 49 closed single family homes recorded on our MLS (MREDLLC.com). In 2009 Q2, only 25 homes closed. We should also see more closings tomorrow, the last day of the month. Currently, there are 28 homes contingent or pending so a handful of those will close tomorrow.


Other interesting Lincoln Park single family home stats:


The highest closed home thus far in second quarter was $4,300,000 at 544 W Dickens (a 2006 12 room, 5 bedrooms, 4.5 baths home on a 31 foot wide lot). There is an 18 room $8,500,000 home pending at 1866 Howe which may or may not close in this quarter.


The lowest closed (free standing) single family home in second quarter was $675,000 at 1729 W Altgeld (not what we think of as "Lincoln Park", but it counts.).


Of the 49 closed listings, none are indicated as "short sales" or foreclosures.

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