Page 7 - The Owen Report for December 2016
P. 7
Owen Report
The High-End Condominium Market
Chicago's LINCOLN PARK Area
As of Saturday, December 31, 2016
Monthly Statistics for December Sales, $700k+ % +/- Since Last Month
Average Price: $1,038,600 -19.31%
Median Price: $931,250 -2.84%
Maximum Price: -48.71%
Total Sales Volume: $1,795,000 -46.21%
Total Units Sold: $10,386,000 -33.33%
Average Market Time of Units Sold: -29.41%
Total Units Currently Active: 10 +18.57%
Avg. Mkt. Time of Currently Active Units: 60 days -6.29%
83
134 days
Units Sold Median Price Uni
One Year Trend One Year Trend Mon
Uni
30 26 23 18 17 $1,000,000
25 22 15 $950,000 Med
20 19 $900,000 Mon
15 12 16 18 $850,000 Med
10 13 $800,000
$750,000
5 10 $700,000
0 $650,000
4 $600,000
Source: Midwest Real Estate Data (MRED / MLS)