Page 7 - The Owen Report for December 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Saturday, December 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,019,447 -31.88%
Median Price: $920,000 -11.62%
Maximum Price: $1,675,000 -71.24%
Total Sales Volume: $15,291,700 -57.42%
Total Units Sold: 15 -37.50%
Average Market Time of Units Sold: 124 days +175.56%
Total Units Currently Active: 62 -7.46%
Avg. Mkt. Time of Currently Active Units: 154 days +8.45%
Units Sold Median Price
One Year Trend One Year Trend
70 67 $1,100,000
61 65 $1,050,000
60 $1,000,000
$950,000
50
40 $900,000
40 40 $850,000
31
29 27 28 $800,000
30 25
24 24 $750,000
$700,000
20 15
$650,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
