Page 7 - The Owen Report for January 2018
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Wednesday, January 31, 2018
Monthly Statistics for January Sales, $700k+ % +/- Since Last Month
Average Price: $1,257,097 +5.41%
Median Price: $975,000 -4.41%
Maximum Price: +6.61%
Total Sales Volume: $2,233,487 -75.68%
Total Units Sold: $11,313,870 -76.92%
Average Market Time of Units Sold: +300.00%
Total Units Currently Active: 9 +26.09%
Avg. Mkt. Time of Currently Active Units: 88 days -17.78%
116
111 days
Units Sold Median Price Unit
One Year Trend One Year Trend Mon
Unit
45 34 26 25 39 $1,100,000
40 22 $1,050,000 Med
35 30 29 17 $1,000,000 Mon
30 25 9 Med
25 $950,000
20 16 16 18 $900,000
15 $850,000
10 $800,000
$750,000
5 $700,000
0 $650,000
$600,000
Source: Midwest Real Estate Data (MRED / MLS)