Page 7 - The Owen Report for August 2023
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Thursday, August 31, 2023
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,722,333 +1.40%
Median Price: $1,385,000 +2.97%
Maximum Price: $2,875,000 -25.40%
Total Sales Volume: $20,668,000 -18.88%
Total Units Sold: 12 -20.00%
Average Market Time of Units Sold: 111 days +152.27%
Total Units Currently Active: 39 +5.41%
Avg. Mkt. Time of Currently Active Units: 84 days -11.58%
Units Sold Median Price
One Year Trend One Year Trend
30 $3,100,000
25 24
25 $2,600,000
20 18
20
15 $2,100,000
14
15 13 12
11 $1,600,000
10 8 9
5
5 1 $1,100,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
