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)