Page 7 - The Owen Report for May 2023
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Wednesday, May 31, 2023
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,600,917 +16.87%
Median Price: $1,328,500 -0.86%
Maximum Price: $3,175,000 +71.62%
Total Sales Volume: $28,816,500 -15.86%
Total Units Sold: 18 -28.00%
Average Market Time of Units Sold: 92 days +16.46%
Total Units Currently Active: 38 +11.76%
Avg. Mkt. Time of Currently Active Units: 103 days -2.83%
Units Sold Median Price
One Year Trend One Year Trend
35 $3,100,000
30 30
30
25 $2,600,000
25
20
20 18 $2,100,000
14
15 13 $1,600,000
10 9 11
10 8
5 $1,100,000
5 1
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
