Page 3 - The Owen Report for August 2022
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Wednesday, August 31, 2022
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,945,627 +16.81%
Median Price: $2,625,000 +9.38%
Maximum Price: $6,200,000 +27.84%
Total Sales Volume: $47,130,032 +55.75%
Total Units Sold: 16 +33.33%
Average Market Time of Units Sold: 45 days -30.77%
Total Units Currently Active: 39 -13.33%
Avg. Mkt. Time of Currently Active Units: 173 days +17.69%
Units Sold Median Price
One Year Trend One Year Trend
30 $3,300,000
25 24 $3,100,000
22 $2,900,000
20 18 17 16 $2,700,000
15 $2,500,000
15 13
11 11 11 12 $2,300,000
10 9 $2,100,000
5 $1,900,000
5
$1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)