Page 7 - The Owen Report for January 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Monday, January 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,329,689 +31.57%
Median Price: $975,000 +12.49%
Maximum Price: $4,425,000 +148.00%
Total Sales Volume: $33,242,220 +13.42%
Total Units Sold: 25 -13.79%
Average Market Time of Units Sold: 55 days -64.05%
Total Units Currently Active: 56 -9.68%
Avg. Mkt. Time of Currently Active Units: 135 days -11.76%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,300,000
69
70 64 $1,200,000
60 54 $1,100,000
50
50 41 $1,000,000
43
34 35 36
40 $900,000
29
30 21 25 $800,000
19
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)