Page 7 - Owen Report May 2019
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Friday, May 31, 2019
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,052,206 +3.12%
Median Price: $870,250 +2.99%
Maximum Price: -28.13%
Total Sales Volume: $2,300,000 -5.13%
Total Units Sold: $48,401,476 -8.00%
Average Market Time of Units Sold: +2.47%
Total Units Currently Active: 46 +4.55%
Avg. Mkt. Time of Currently Active Units: 83 days -2.78%
161
140 days
Units Sold Median Price
One Year Trend One Year Trend
60 50 $1,000,000
50 47 $950,000
46 $900,000
40 $850,000
41 $800,000
$750,000
30 35 22 $700,000
25 22 24 23 15 16 $650,000
$600,000
20 7
10
0
Source: Midwest Real Estate Data (MRED / MLS)