Page 3 - The Owen Report for October 2023
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                        As of Tuesday, October 31, 2023




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

            Average Price:                               $3,038,929                        +17.11%
            Median Price:                                $1,825,000                         -21.51%
            Maximum Price:                               $6,175,000                        +30.00%
            Total Sales Volume:                        $21,272,500                          -25.48%
            Total Units Sold:                                     7                         -36.36%
            Average Market Time of Units Sold:              55 days                         -27.63%
            Total Units Currently Active:                       45                            0%
            Avg. Mkt. Time of Currently Active Units:      249 days                         +2.89%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     16                                                         $3,100,000
                                               15
     14                               13                        $2,900,000
     12                                           12  11        $2,700,000
                               10  10
     10                                                         $2,500,000
           8      8
      8       7                                         7       $2,300,000
                            6
      6                5                                        $2,100,000
      4                     3                                   $1,900,000
      2                                                         $1,700,000

      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
   1   2   3   4   5   6   7   8