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)