Page 7 - Owen Report March 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Thursday, March 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,102,245 -10.06%
Median Price: $920,000 +3.37%
Maximum Price: $4,200,000 -27.59%
Total Sales Volume: $44,089,800 +16.05%
Total Units Sold: 40 +29.03%
Average Market Time of Units Sold: 77 days -47.97%
Total Units Currently Active: 67 +9.84%
Avg. Mkt. Time of Currently Active Units: 88 days -22.12%
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
50 43 41 40 $1,000,000
34 35 36
40 $900,000
29 31
30 25 $800,000
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
