Page 7 - The Owen Report for October 2016
P. 7
Owen Report
The High-End Condominium Market
Chicago's LINCOLN PARK Area
As of Monday, October 31, 2016
Monthly Statistics for October Sales, $700k+ % +/- Since Last Month
Average Price: $1,006,867 +5.62%
Median Price: $845,000 -7.09%
Maximum Price: -8.33%
Total Sales Volume: $1,650,000 -0.25%
Total Units Sold: $17,116,741 -5.56%
Average Market Time of Units Sold: +203.70%
Total Units Currently Active: 17 -9.57%
Avg. Mkt. Time of Currently Active Units: 82 days +9.40%
85
128 days
Units Sold Median Price Uni
One Year Trend One Year Trend Mon
Uni
30 26 22 23 $1,000,000
25 18 18 17 $950,000 Med
20 19 $900,000 Mon
16 $850,000 Med
14 12 13 $800,000
15 $750,000
10 7 $700,000
4 $650,000
5 $600,000
0
Source: Midwest Real Estate Data (MRED / MLS)
