Wednesday, September 29, 2010

Sales: A story of 100 houses in Lincoln Square

At this moment, looking at the last six months sales for single family homes in Lincoln Square Community Area, the MLS (which we're a member of) returns 100 homes sold, under contract or actively listed. It's always nice to get a round number like that.

Taking in the entire area, there were 43 closed Lincoln Square single family homes over the last six months with a median price of $515,000. This includes the furthest northwest boundaries of North Western Avenue and West Peterson Avenue. If you go only as far north as West Foster Avenue boundary, the median closed price jumps to $635,000.

Nine homes are currently under contract with a median price of $450,000.

Of the 48 single family homes active on the market, the median asking price is $599,000.

With median asking and contract prices traditionally lower in the fall and winter months, we can help buy a deal and pick up something nice at Gene's Sausage Shop for your first meal in the house!

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