Page 7 - The Owen Report for June 2017
P. 7

Owen Report

           The High-End Condominium Market
             Chicago's LINCOLN PARK Area
                  As of Friday, June 30, 2017

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

       Average Price:                                 $972,904                +2.60%
       Median Price:                                  $915,000                +9.25%
       Maximum Price:                               $2,330,000                -2.92%
       Total Sales Volume:                         $33,078,744               +20.29%
       Total Units Sold:                                                     +17.24%
       Average Market Time of Units Sold:                      34             +7.59%
       Total Units Currently Active:                     85 days              -2.13%
       Avg. Mkt. Time of Currently Active Units:                             +18.52%
                                                               92
                                                       128 days

                   Units Sold                                        Median Price          U
               One Year Trend                                      One Year Trend          M
                                                                                           U
40                                                 34  $1,000,000
                                                         $950,000                          M
35 30                                          29        $900,000                          M
                                           25            $850,000                          M
30                                                       $800,000
                                                         $750,000
25 22  23                                                $700,000
                                                         $650,000
20     18 18 17                     16 16                $600,000
                                15

15 10
10

5

0

                                    Source: Midwest Real Estate Data (MRED / MLS)
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