Page 7 - The Owen Report for January 2020 with Notable Property 50 E. Chestnut #2601
P. 7

Owen Report








                                       The High-End CONDOMINIUM Market

                                            Chicago's LINCOLN PARK Area


                                                As of Friday, January 31, 2020




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


             Average Price:                                      $952,860                               -7.66%
             Median Price:                                       $925,000                               -9.56%
             Maximum Price:                                     $1,644,150                              -1.60%
             Total Sales Volume:                              $14,292,897                              -27.10%
             Total Units Sold:                                          15                             -21.05%
             Average Market Time of Units Sold:                   118 days                             -29.76%
             Total Units Currently Active:                             144                             +11.63%
             Avg. Mkt. Time of Currently Active Units:            163 days                              -5.23%




                             Units Sold                                                       Median Price

                        One Year Trend                                                      One Year Trend

      60                                                                 $1,100,000
                     50                                                  $1,050,000
      50                    46
                                 41                                      $1,000,000
      40                                                                   $950,000
                                      33          34
                                                                           $900,000
      30                                 23   27                           $850,000
                  22                                 20 19                 $800,000
      20      16                                              15
                                                                           $750,000
          7
      10                                                                   $700,000
                                                                           $650,000
       0                                                                   $600,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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