Page 3 - The Owen Report for May 2022
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Tuesday, May 31, 2022
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,105,900 -19.81%
Median Price: $1,735,000 -36.19%
Maximum Price: $3,500,000 -23.08%
Total Sales Volume: $31,588,500 -45.32%
Total Units Sold: 15 -31.82%
Average Market Time of Units Sold: 62 days +40.91%
Total Units Currently Active: 49 +44.12%
Avg. Mkt. Time of Currently Active Units: 118 days -19.73%
Units Sold Median Price
One Year Trend One Year Trend
30 $3,300,000
26
25 24 $3,100,000
20 22 $2,900,000
20 18 17 $2,700,000
13 15 $2,500,000
15
11 11 11 $2,300,000
9
10 $2,100,000
5
$1,900,000
5
$1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)