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)
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