Page 7 - The Owen Report for August 2019 with Notable Sale 2450 N Lakeview #5
P. 7

Owen Report








                                        The High-End CONDOMINIUM Market

                                             Chicago's LINCOLN PARK Area


                                                 As of Saturday, July 31, 2019




                        Monthly Statistics for Sales, $700k+                                  % +/- Since Last Month


             Average Price:                                      $989,496                              -20.83%
             Median Price:                                       $840,000                               -8.20%
             Maximum Price:                                     $1,534,000                             -58.54%
             Total Sales Volume:                              $22,758,400                              -44.82%
             Total Units Sold:                                          23                             -30.30%
             Average Market Time of Units Sold:                    94 days                             -20.34%
             Total Units Currently Active:                             173                             +4.85%
             Avg. Mkt. Time of Currently Active Units:            142 days                             +2.90%




                             Units Sold                                                         Median Price

                        One Year Trend                                                       One Year Trend

      60                                                                   $1,000,000
                                              50                            $950,000
      50                                           46
                                                     41                     $900,000
      40                                                 33                 $850,000

      30  25        24                                                      $800,000
                22       23            22                     23
                                                                            $750,000
      20                      15
                                       16                                   $700,000
      10
                                   7                                        $650,000
       0                                                                    $600,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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