Page 3 - The Owen Report for February 2022 with Notable Sale 1837 N Orchard
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Monday, February 28, 2022
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,326,500 +59.92%
Median Price: $2,000,000 +2.56%
Maximum Price: $8,650,000 +198.38%
Total Sales Volume: $16,632,500 -27.31%
Total Units Sold: 5 -54.55%
Average Market Time of Units Sold: 105 days +17.98%
Total Units Currently Active: 30 +3.45%
Avg. Mkt. Time of Currently Active Units: 172 days +15.44%
Units Sold Median Price
One Year Trend One Year Trend
30 $3,300,000
26 $3,100,000
25 24
$2,900,000
20 20
20 18 17 $2,700,000
16 $2,500,000
15 13
11 11 11 $2,300,000
10 $2,100,000
6
5 $1,900,000
5
$1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)