Page 7 - The Owen Report for October 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Monday, October 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,037,917 -23.60%
Median Price: $924,500 -5.81%
Maximum Price: $1,779,000 -58.14%
Total Sales Volume: $24,910,000 -34.52%
Total Units Sold: 24 -14.29%
Average Market Time of Units Sold: 34 days -8.11%
Total Units Currently Active: 79 -12.22%
Avg. Mkt. Time of Currently Active Units: 121 days +8.04%
Units Sold Median Price
One Year Trend One Year Trend
70 $1,300,000
67
65
60 61 $1,200,000
$1,100,000
50
36 40 40 $1,000,000
40 35
29 31 27 28 $900,000
30 25 24 $800,000
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
