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)