Page 7 - The Owen Report for July 2020
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Friday, July 31, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $947,392 -3.07%
Median Price: $887,000 +1.95%
Maximum Price: $1,540,000 -22.81%
Total Sales Volume: $34,106,094 +66.17%
Total Units Sold: 36 +71.43%
Average Market Time of Units Sold: 134 days +55.81%
Total Units Currently Active: 173 +6.79%
Avg. Mkt. Time of Currently Active Units: 131 days +1.55%
Units Sold Median Price
One Year Trend One Year Trend
50 $1,100,000
45 $1,050,000
$1,000,000
40 36
34 $950,000
35 33
30 $900,000
30 27 $850,000
25 23 $800,000
20 19 21 21 21 21 $750,000
20
15 $700,000
15
$650,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
