Page 7 - The Owen Report for December 2021
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                         As of Friday, December 31, 2021




                      Monthly Statistics for Sales, $700k+                          % +/- Since Last Month

            Average Price:                               $1,010,639                         -12.63%
            Median Price:                                  $866,775                          -9.24%
            Maximum Price:                               $1,784,250                         -49.74%
            Total Sales Volume:                         $29,308,525                         -29.62%
            Total Units Sold:                                    29                         -19.44%
            Average Market Time of Units Sold:             153 days                        +135.38%
            Total Units Currently Active:                        62                         -13.89%
            Avg. Mkt. Time of Currently Active Units:      153 days                          -2.55%



                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      80                                                         $1,300,000
                           69
      70                          64                             $1,200,000
      60                54                                       $1,100,000
                                      50
      50                                                         $1,000,000
                   43                       41
      40                                 34     35   36           $900,000
                                                        29
      30                                                          $800,000
          23  19    21
      20                                                          $700,000

      10                                                          $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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