Page 7 - The Owen Report for December 2019
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                       As of Tuesday, December 31, 2019




                     Monthly Statistics for Sales, $700k+                           % +/- Since Last Month

            Average Price:                               $1,031,902                         -16.81%
            Median Price:                                $1,022,777                         -4.90%
            Maximum Price:                               $1,670,877                         -22.82%
            Total Sales Volume:                        $19,606,146                          -20.97%
            Total Units Sold:                                   19                          -5.00%
            Average Market Time of Units Sold:             168 days                        +250.00%
            Total Units Currently Active:                      129                          -3.01%
            Avg. Mkt. Time of Currently Active Units:      172 days                         -8.51%



                          Units Sold                                                Median Price
                     One Year Trend                                               One Year Trend

     60                                                          $1,100,000
                       50                                        $1,050,000
     50                      46
                                  41                             $1,000,000
     40                                                            $950,000
                                      33        34                 $900,000
     30                                     27                     $850,000
                   22                    23        20   19         $800,000
     20  15     16
                                                                   $750,000
     10       7                                                    $700,000
                                                                   $650,000
      0                                                            $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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