Page 7 - The Owen Report for August 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Wednesday, August 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,015,741 +7.28%
Median Price: $899,000 -0.39%
Maximum Price: $2,735,000 +19.69%
Total Sales Volume: $27,425,000 -27.58%
Total Units Sold: 27 -32.50%
Average Market Time of Units Sold: 59 days +156.52%
Total Units Currently Active: 93 -1.06%
Avg. Mkt. Time of Currently Active Units: 95 days +30.14%
Units Sold Median Price
One Year Trend One Year Trend
70 67 $1,300,000
61 65
60 $1,200,000
$1,100,000
50
41 40 $1,000,000
40 34 35 36 40
29 31 $900,000
30 25 27 $800,000
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
