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

Owen Report

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

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

       Average Price:                                     $1,293,100                              +35.98%
       Median Price:                                      $1,053,000                              +16.68%
       Maximum Price:                                     $2,720,000                              +70.00%
       Total Sales Volume:                               $21,982,706                              +28.42%
       Total Units Sold:                                                                           -5.56%
       Average Market Time of Units Sold:                            17                            -6.67%
       Total Units Currently Active:                           70 days                             +7.95%
       Avg. Mkt. Time of Currently Active Units:                                                   +3.54%
                                                                     95
                                                             117 days

              Units Sold                                                                  Median Price          U
                                                                                        One Year Trend          M
       One Year Trend                                                                                           U

40                                                            25            $1,100,000                          M
                                                     34  22                 $1,050,000                          M
                                                                            $1,000,000                          M
35 30 29                                                             18 17
30 25 26                                                                      $950,000
25                                                                            $900,000
                                                                              $850,000
20 15  16 16                                                                  $800,000
                                                                              $750,000
15 10                                                                         $700,000
                                                                              $650,000
10                                                                            $600,000

5

0

              Source: Midwest Real Estate Data (MRED / MLS)
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