Page 7 - The Owen Report for September 2022
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                        As of Friday, September 30, 2022




                     Monthly Statistics for Sales, $700k+                           % +/- Since Last Month

            Average Price:                               $1,358,580                        +33.75%
            Median Price:                                 $981,500                          +9.18%
            Maximum Price:                               $4,250,000                        +55.39%
            Total Sales Volume:                        $38,040,250                         +38.71%
            Total Units Sold:                                   28                          +3.70%
            Average Market Time of Units Sold:              37 days                         -37.29%
            Total Units Currently Active:                       90                          -3.23%
            Avg. Mkt. Time of Currently Active Units:      112 days                        +17.89%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     70                                       65                $1,300,000
                                 61  67
     60                                                         $1,200,000
                                                                $1,100,000
     50
          41                   40                               $1,000,000
     40      35   36                             40
                             31                                   $900,000
                     29                             27 28
     30                   25
                                                                  $800,000
     20                                                           $700,000

     10                                                           $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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