Page 7 - The Owen Report for July 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Saturday, July 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $946,785 -14.36%
Median Price: $902,500 -5.45%
Maximum Price: $2,285,000 -44.27%
Total Sales Volume: $37,871,400 -47.30%
Total Units Sold: 40 -38.46%
Average Market Time of Units Sold: 23 days -36.11%
Total Units Currently Active: 94 +5.62%
Avg. Mkt. Time of Currently Active Units: 73 days -12.05%
Units Sold Median Price
One Year Trend One Year Trend
70 67 $1,300,000
61 65
60 $1,200,000
50 $1,100,000
50
41 40 $1,000,000
40 34 35 36 40
29 31 $900,000
30 25
$800,000
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
