Download - Lincoln Park appraiser 312.479.5344
![Page 1: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/1.jpg)
January 2016 Single Family Housing Market
Lincoln Park - Chicago
![Page 2: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/2.jpg)
Single Family data taken from the MRED MLS
![Page 3: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/3.jpg)
In the last 30 days there were 16 closed sales of detached homes, 10 went under contract and there were 38 new listings
![Page 4: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/4.jpg)
In the last 12 months median sales prices increased +1.4%
![Page 5: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/5.jpg)
Marketing Time increased +26.0% to an average of 131 days on the market
![Page 6: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/6.jpg)
Now there is a 6.7 Month Supply of Inventory at the current level of absorption, this level is considered a oversupply.
![Page 7: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/7.jpg)
Distressed sales, Bank Owned and Short Sales account for approximately 4% of total sales
![Page 8: Lincoln Park appraiser 312.479.5344](https://reader033.vdocuments.net/reader033/viewer/2022051709/5878a0b31a28ab42588b569b/html5/thumbnails/8.jpg)
Citywide Services performs residential real estate appraisals in Chicago & Suburbs Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com