Page 3 - The Owen Report for January 2023
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                         As of Tuesday, January 31, 2023




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $2,643,800                         +5.22%
            Median Price:                                $2,100,000                         -2.33%
            Maximum Price:                               $5,000,000                         +4.71%
            Total Sales Volume:                        $13,219,000                          -34.24%
            Total Units Sold:                                     5                         -37.50%
            Average Market Time of Units Sold:             117 days                        +20.62%
            Total Units Currently Active:                       30                         +30.43%
            Avg. Mkt. Time of Currently Active Units:      239 days                        +34.27%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,300,000

     25                       24                                $3,100,000
                      22                                        $2,900,000
     20                              16                         $2,700,000
                           15    12                             $2,500,000
     15
         11                               12                    $2,300,000
     10             9                        8       8          $2,100,000
              5                                  7      5       $1,900,000
      5
                                                                $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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