Page 3 - The Owen Report for March 2023
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                           As of Friday, March 31, 2023




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $2,790,000                        +41.98%
            Median Price:                                $2,462,500                        +49.24%
            Maximum Price:                               $5,500,000                        +107.55%
            Total Sales Volume:                        $16,740,000                         +183.97%
            Total Units Sold:                                     6                        +100.00%
            Average Market Time of Units Sold:              92 days                         -9.80%
            Total Units Currently Active:                       42                         +13.51%
            Avg. Mkt. Time of Currently Active Units:      170 days                         -10.05%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,300,000
                                                                $3,100,000
     25       22       24
                                                                $2,900,000
     20                                                         $2,700,000
                              16
                    15                                          $2,500,000
     15                   12
                                  12                            $2,300,000
         9
     10                               8      8                  $2,100,000
                                          7             6
                                                 5              $1,900,000
      5                                             3
                                                                $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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