Page 7 - The Owen Report for March 2023
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                           As of Friday, March 31, 2023




                      Monthly Statistics for Sales, $1M+                            % +/- Since Last Month

            Average Price:                               $1,544,918                         -4.07%
            Median Price:                                $1,350,000                         +5.63%
            Maximum Price:                               $4,400,000                         -0.68%
            Total Sales Volume:                        $30,898,356                         +74.42%
            Total Units Sold:                                   20                         +81.82%
            Average Market Time of Units Sold:              92 days                        +53.33%
            Total Units Currently Active:                       32                            0%
            Avg. Mkt. Time of Currently Active Units:      138 days                           0%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     35                                                         $3,100,000
               30  30
     30    27                                                   $2,600,000

     25
                                                     20
     20  14                                                     $2,100,000
                                         14
     15                           13                            $1,600,000
                          10        9            11
     10                      8
                                             5                  $1,100,000
      5                                        1

      0                                                           $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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