Page 7 - Owen Report for February 2021
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                         As of Sunday, February 28, 2021




                      Monthly Statistics for Sales, $700k+                          % +/- Since Last Month

            Average Price:                                 $897,298                         -41.13%
            Median Price:                                  $805,000                         -15.26%
            Maximum Price:                               $1,243,000                         -86.19%
            Total Sales Volume:                         $18,843,250                         -34.94%
            Total Units Sold:                                    21                         +10.53%
            Average Market Time of Units Sold:             118 days                         -31.40%
            Total Units Currently Active:                       116                          -4.92%
            Avg. Mkt. Time of Currently Active Units:      158 days                         -12.71%



                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      50                                                         $1,050,000
                               45
      45                                                         $1,000,000
      40                       36                                 $950,000
      35                               34  33                     $900,000
                     30                                           $850,000
      30
                                                 23               $800,000
      25  21 21        21   21                20    19  21        $750,000
      20                                                          $700,000
      15                                                          $650,000
      10                                                          $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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