Currently there are 328 2 bedroom condos for sale in Lincoln Park. The inventory of 2 bedroom condos for sale has been growing steadily since December. On December 31st there were 231 for sale.
377 Lincoln Park 2 bedroom condos sold in the past year. Shown below is the price distribution showing the number of Lincoln Park 2 bedroom condos currently for sale in red and the number that sold in the past year in green.
Price Distribution of Lincoln Park 2 Bedroom Condos For Sale (red) vs. Sold in the Past Year (green)
As you can see, buyers have the most negotiating power in the $550,000 and above price range where there are more 2 bedroom condos for sale than sold in the past year.
The median price for Lincoln Park 2 bedroom condos this last year was $379,000 down 5.5% from the year before. However the median sale price for April of $384,500 was actually up 3% from April 2009.
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
