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)