Page 7 - The Owen Report for May 2020
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Sunday, May 31, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $952,405 -0.01%
Median Price: $870,000 +2.35%
Maximum Price: $1,350,500 -13.98%
Total Sales Volume: $20,000,500 -30.01%
Total Units Sold: 21 -30.00%
Average Market Time of Units Sold: 77 days +10.00%
Total Units Currently Active: 150 +1.35%
Avg. Mkt. Time of Currently Active Units: 163 days -6.86%
Units Sold Median Price
One Year Trend One Year Trend
50 46 $1,100,000
45 $1,050,000
41
40 $1,000,000
34
35 33 30 $950,000
30 27 $900,000
23
25 21 21 21 $850,000
20 19
20 15 $800,000
15 $750,000
10 $700,000
5 $650,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
