|New construction in the Bowmanville neighborhood of Lincoln Square (all photos Eric Rojas)|
Lincoln Square single family home sales Jan 1st - July 5th
54 single family homes have sold between January 1st and July 5th of this year. The median price is about $500,000. Unit sales are only up about two homes over same period 2012. Median price is up this year about $50,000.
The highest priced sale is a new construction house at 2104 W Sunnyside for $1,367,500 (closed in January). The original property was bought cash for $275,000... a steal considering the build and new sale! The lowest priced closing this year is a foreclosure sale at 5003 N Western for $169,900 cash (closed in May). The busy and commercial Western Ave usually has the lowest residential sales in the Lincoln Square Community Area.
Foreclosure/ Short Sales
8 closed single family homes were listed as a foreclosure or short sale on the MLS. The highest of these sales was a small, but renovated, house at 5255 N Damen for $310,000. That was a short sale.
At the time of this writing, 29 single family homes are under contract. The median price of under contract homes is about $675,000. Only 20 single family homes are actively listed in the Lincoln Square Community area at this time.