Page 7 - Owen Report August 2018
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Friday, August 31, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,284,792 +22.04%
Median Price: $915,000 +5.78%
Maximum Price: +120.51%
Total Sales Volume: $4,300,000 -12.83%
Total Units Sold: $32,119,795 -28.57%
Average Market Time of Units Sold: -8.82%
Total Units Currently Active: 25 +5.00%
Avg. Mkt. Time of Currently Active Units: 31 days +3.51%
147
118 days
Units Sold Median Price
One Year Trend One Year Trend
50 39 47 $1,100,000
45 41 $1,050,000
40 $1,000,000
35 35
30 $950,000
25 22 25 31 25 $900,000
20 18 27 $850,000
15 $800,000
10 17 $750,000
$700,000
5 16 $650,000
0 $600,000
9
Source: Midwest Real Estate Data (MRED / MLS)