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)
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