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

Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                           As of Monday, July 31, 2023




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

            Average Price:                               $1,698,576                        +23.52%
            Median Price:                                $1,345,000                         +4.51%
            Maximum Price:                               $3,854,000                        +30.64%
            Total Sales Volume:                        $25,478,636                          -22.80%
            Total Units Sold:                                   15                          -37.50%
            Average Market Time of Units Sold:              44 days                         -49.43%
            Total Units Currently Active:                       37                          -2.63%
            Avg. Mkt. Time of Currently Active Units:       95 days                         -14.41%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $3,100,000
                                          25        24
     25                                                         $2,600,000
                                      20        18
     20
                                                                $2,100,000
                         14                          15
     15           13
          10         9            11                            $1,600,000
     10       8
                             5
      5                                                         $1,100,000
                                1
      0                                                           $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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