Page 7 - The Owen Report for April 2020
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Thursday, April 30, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $952,517 -10.30%
Median Price: $850,000 -13.71%
Maximum Price: $1,570,000 -8.99%
Total Sales Volume: $28,575,520 +28.14%
Total Units Sold: 30 +42.86%
Average Market Time of Units Sold: 70 days -44.88%
Total Units Currently Active: 148 +16.54%
Avg. Mkt. Time of Currently Active Units: 175 days -3.31%
Units Sold Median Price
One Year Trend One Year Trend
60 $1,100,000
50 $1,050,000
50 46 $1,000,000
41
40 $950,000
33 34 $900,000
27 30
30 $850,000
23
20 19 21 21 $800,000
20 15
$750,000
10 $700,000
$650,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
