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)
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