Page 7 - The Owen Report for February 2022 with Notable Sale 1837 N Orchard
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Monday, February 28, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,225,565 -7.83%
Median Price: $890,000 -8.72%
Maximum Price: $5,800,000 +31.07%
Total Sales Volume: $37,992,500 +14.29%
Total Units Sold: 31 +24.00%
Average Market Time of Units Sold: 148 days +169.09%
Total Units Currently Active: 61 +8.93%
Avg. Mkt. Time of Currently Active Units: 113 days -16.30%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,300,000
69
70 64 $1,200,000
60 54 $1,100,000
50 43 50 41 $1,000,000
40 34 35 36 31 $900,000
29
30 25 $800,000
21
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
