Page 7 - The Owen Report for December 2023
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Sunday, December 31, 2023
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,347,500 -7.87%
Median Price: $1,385,000 -4.45%
Maximum Price: $1,695,000 -12.49%
Total Sales Volume: $8,085,000 -44.72%
Total Units Sold: 6 -40.00%
Average Market Time of Units Sold: 49 days +96.00%
Total Units Currently Active: 26 +13.04%
Avg. Mkt. Time of Currently Active Units: 121 days -8.33%
Units Sold Median Price
One Year Trend One Year Trend
30 $3,100,000
25
25 24 $2,600,000
20
20 18
15 13 $2,100,000
15 12
11 11 10 $1,600,000
10
6
5 $1,100,000
5
1
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
