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

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                         As of Wednesday, May 31, 2023




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

            Average Price:                               $3,647,600                        +30.24%
            Median Price:                                $2,847,500                        +18.42%
            Maximum Price:                             $10,650,000                         +110.89%
            Total Sales Volume:                        $36,476,000                         +30.24%
            Total Units Sold:                                   10                            0%
            Average Market Time of Units Sold:              30 days                         -53.13%
            Total Units Currently Active:                       58                         +11.54%
            Avg. Mkt. Time of Currently Active Units:      153 days                         -6.13%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,100,000
                24                                              $2,900,000
     25
                                                                $2,700,000
     20
         15            16                                       $2,500,000
     15           12                                            $2,300,000
                          12
                                                   10  10
     10                       8       8                         $2,100,000
                                  7              6
                                          5                     $1,900,000
      5                                     3
                                                                $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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