Page 3 - The Owen Report for August 2023
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Thursday, August 31, 2023
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,223,167 -9.18%
Median Price: $1,867,500 -23.38%
Maximum Price: $4,800,000 +29.73%
Total Sales Volume: $26,678,000 -27.34%
Total Units Sold: 12 -20.00%
Average Market Time of Units Sold: 43 days -4.44%
Total Units Currently Active: 43 -21.82%
Avg. Mkt. Time of Currently Active Units: 238 days +27.96%
Units Sold Median Price
One Year Trend One Year Trend
18 $3,100,000
16
16 15 $2,900,000
14 13
12 12 $2,700,000
12
10 10 $2,500,000
10
8 7 8 $2,300,000
8 6
6 5 $2,100,000
3
4 $1,900,000
2 $1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)