Page 7 - The Owen Report for June 2022 with Notable Sale 800 N Michigan #3602
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                          As of Thursday, June 30, 2022




                     Monthly Statistics for Sales, $700k+                           % +/- Since Last Month

            Average Price:                               $1,105,522                         +1.80%
            Median Price:                                 $954,500                          +0.90%
            Maximum Price:                               $4,100,000                        +51.85%
            Total Sales Volume:                        $71,858,901                          -1.24%
            Total Units Sold:                                   65                          -2.99%
            Average Market Time of Units Sold:              36 days                         -42.86%
            Total Units Currently Active:                       89                          +7.23%
            Avg. Mkt. Time of Currently Active Units:       83 days                        +18.57%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     70                                         67              $1,300,000
           64                                          65
                                            61                  $1,200,000
     60
              50                                                $1,100,000
     50
                      41                  40                    $1,000,000
     40           34      35  36
                                29      31                        $900,000
     30                              25
                                                                  $800,000
     20                                                           $700,000

     10                                                           $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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