Page 7 - Owen Report for February 2023
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Tuesday, February 28, 2023
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,324,413 +17.67%
Median Price: $1,175,000 +33.14%
Maximum Price: $4,430,000 +73.73%
Total Sales Volume: $21,190,600 +213.78%
Total Units Sold: 16 +166.67%
Average Market Time of Units Sold: 80 days +40.35%
Total Units Currently Active: 59 -1.67%
Avg. Mkt. Time of Currently Active Units: 132 days -10.20%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,300,000
67
70 61 65 $1,200,000
60 $1,100,000
50 40 $1,000,000
40 31 40
30 27 28 24 24 $900,000
20 15 16 $800,000
10 6 $700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
