Page 3 - Owen Report for February 2023
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                        As of Tuesday, February 28, 2023




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $1,965,000                         -25.68%
            Median Price:                                $1,650,000                         -21.43%
            Maximum Price:                               $2,650,000                         -47.00%
            Total Sales Volume:                          $5,895,000                         -55.41%
            Total Units Sold:                                     3                         -40.00%
            Average Market Time of Units Sold:             102 days                         -12.82%
            Total Units Currently Active:                       37                         +23.33%
            Avg. Mkt. Time of Currently Active Units:      189 days                         -20.92%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,300,000

     25                    24                                   $3,100,000
                   22                                           $2,900,000
     20                                                         $2,700,000
                                  16
                       15    12                                 $2,500,000
     15
                                      12                        $2,300,000
            9
     10                                   8      8              $2,100,000
         5                                   7       5          $1,900,000
      5                                                 3
                                                                $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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