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)
