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

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                           As of Monday, July 31, 2023




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

            Average Price:                               $2,447,866                         -3.06%
            Median Price:                                $2,437,500                         -6.25%
            Maximum Price:                               $3,700,000                         +6.47%
            Total Sales Volume:                        $36,717,997                         +11.85%
            Total Units Sold:                                   15                         +15.38%
            Average Market Time of Units Sold:              45 days                         -29.69%
            Total Units Currently Active:                       55                          -9.84%
            Avg. Mkt. Time of Currently Active Units:      186 days                        +21.57%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     18                                                         $3,100,000
               16
     16                                               15        $2,900,000
     14                                            13
            12     12                                           $2,700,000
     12
                                           10 10                $2,500,000
     10                8      8
      8                   7             6                       $2,300,000
      6                           5                             $2,100,000
                                     3                          $1,900,000
      4
      2                                                         $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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