Page 7 - The Owen Report for February 2020
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Saturday, February 29, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,085,457 +13.92%
Median Price: $961,500 +3.95%
Maximum Price: $1,930,000 +17.39%
Total Sales Volume: $22,794,596 +59.48%
Total Units Sold: 21 +40.00%
Average Market Time of Units Sold: 132 days -29.76%
Total Units Currently Active: 138 -4.17%
Avg. Mkt. Time of Currently Active Units: 172 days -5.23%
Units Sold Median Price
One Year Trend One Year Trend
60 $1,100,000
50 $1,050,000
50 46
41 $1,000,000
40 $950,000
33 34
$900,000
27
30 $850,000
22 23 20 21 $800,000
20 16 19 15
$750,000
10 $700,000
$650,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)