Page 7 - The Owen Report for January 2023
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Tuesday, January 31, 2023
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,125,565 +10.41%
Median Price: $882,500 -4.08%
Maximum Price: $2,550,000 +52.24%
Total Sales Volume: $6,753,388 -55.84%
Total Units Sold: 6 -60.00%
Average Market Time of Units Sold: 57 days -54.03%
Total Units Currently Active: 60 -3.23%
Avg. Mkt. Time of Currently Active Units: 147 days -4.55%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,100,000
67 $1,050,000
70
61 65 $1,000,000
60
$950,000
50 $900,000
40
40 31 40 $850,000
30 25 27 28 24 24 $800,000
$750,000
20 15 $700,000
10 6 $650,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)