Page 7 - The Owen Report for October 2023
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                        As of Tuesday, October 31, 2023




                      Monthly Statistics for Sales, $1M+                            % +/- Since Last Month

            Average Price:                               $1,393,029                         -33.66%
            Median Price:                                $1,325,000                         -11.67%
            Maximum Price:                               $1,849,000                         -68.92%
            Total Sales Volume:                        $18,109,375                          -21.59%
            Total Units Sold:                                   13                         +18.18%
            Average Market Time of Units Sold:              42 days                         -4.55%
            Total Units Currently Active:                       35                          +6.06%
            Avg. Mkt. Time of Currently Active Units:      106 days                         -2.75%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,100,000
                               25       24
     25                                                         $2,600,000
                          20
     20                                18   15
              14                                       13       $2,100,000
     15                                         12
                       11                           11
          9                                                     $1,600,000
     10
                   5                                            $1,100,000
      5
                        1
      0                                                           $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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