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)