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)
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