Lincoln Park sales show year-over-year gains

Jeff Herbert of Urban Living has just published a report on Lincoln Park sales during the first quarter of 2012. The highlights:

  • Total sales for condos and townhomes increased 25% to approximately $63 million in Q1 2012 compared to $50 million in Q1 2011.
  • Two-bedroom condos and townhomes are starting to show price increases.
  • Single family homes also saw a sharp increase in sales volume to $47 million in Q1 2012 compared to $27 million in Q1 2011.
  • The rental market continues to show strength, with increased rents across all property types.
  • The full report (pdf), which includes yearly data beginning with 2007, is available at Jeff’s Lincoln Park Condos site.

    NOTE: Lincoln Park Condos is one of our sponsors.

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