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)
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