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)