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)