Page 7 - The Owen Report for May 2017
P. 7
Owen Report
The High-End Condominium Market
Chicago's LINCOLN PARK Area
As of Wednesday, May 31, 2017
Monthly Statistics for May Sales, $700k+ % +/- Since Last Month
Average Price: $948,259 -25.32%
Median Price: $837,500 -12.94%
Maximum Price: $2,400,000 -42.86%
Total Sales Volume: $27,499,500 -13.37%
Total Units Sold: +16.00%
Average Market Time of Units Sold: 29 -21.78%
Total Units Currently Active: 79 days +1.08%
Avg. Mkt. Time of Currently Active Units: +5.88%
94
108 days
Units Sold Median Price Un
One Year Trend Mo
One Year Trend Un
35 23 30 29 $1,000,000 Me
25 $950,000 Mo
30 26 $900,000 Me
25 22 $850,000
$800,000
20 18 18 17 16 16 $750,000
15 $700,000
$650,000
15 10 $600,000
10
5
0
Source: Midwest Real Estate Data (MRED / MLS)
