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Lincoln Square Single Family Sales Up In 2011

By Mike Fourcher | Wednesday, November 23, 2011

5141 N. Western Ave. From MLS listing.

Local Realtor and real estate blogger Eric Rojas reports that the Lincoln Square Community Area saw 68 single family home sales from January 1 to November 1, 2011 an increase of about 26% over last year. According to Eric’s analysis, the average homes went for sold had a median price of $475,000, with a high of $1.7 million at 2131 W Agatite Ave. and a low of $100,000 at 5141 N Western Ave.

Ten of the 68 were short sales or foreclosures resulting from foreclosure.

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  • http://profiles.google.com/ericrojas2 Eric Rojas

    Ten of the homes were either sold as a short sale OR foreclosure.  There is a difference between the two types of “distressed” sales.

  • http://profiles.google.com/ericrojas2 Eric Rojas

    Also, the MEDIAN price of homes sold was about $475,000.  The average price was probably nudged higher due to a few homes selling over $1.5 million.  I did not calculate the average price.

    • Anonymous

      Thanks for the correction, Eric. I’ve fixed them.

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