Page 3 - The Owen Report for February 2022 with Notable Sale 1837 N Orchard
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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)
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