Sunday, July 22, 2012

North Center, Lincoln Square single family home inventory tight

A block of West Warner in North Center (photo Eric Rojas)

The North Center community area of Chicago continues to be one of the more popular neighborhoods in the city for single family home buyers.  There are almost as many homes under contract as offered for sale.  At the moment, 63 homes are offered for sale while 47 homes are under contract.  Only 6 of the homes offered are priced under $500,000. 4 of those houses are small bungalows located west of Western Avenue and in need of full renovation or tear down (as are several of the homes over $500K).

In Lincoln Square, the community area just north of North Center, 28 single family homes are offered for sale while 21 homes are currently under contract.  Of the listed homes, 7 are offered under $500,000.
Lincoln Square Farmers Market at Leland and Lincoln (photo Eric Rojas)

Our clients know how quick you have to be to buy a good value in this market.  Most homes for sale  that our clients are interested in have multiple offers.  We win some and lose some...and often don't have a chance to play!

More North Center posts HERE

More Lincoln Square HERE

All closed and active listings analyzed from by Eric Rojas, Real Estate Broker.