Page 7 - The Owen Report for May 2021
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Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                           As of Monday, May 31, 2021




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

            Average Price:                               $1,206,689                         +26.74%
            Median Price:                                  $940,000                         +5.77%
            Maximum Price:                               $3,500,000                         +59.09%
            Total Sales Volume:                         $83,261,511                         +61.94%
            Total Units Sold:                                    69                         +27.78%
            Average Market Time of Units Sold:             138 days                         +38.00%
            Total Units Currently Active:                       126                         +10.53%
            Avg. Mkt. Time of Currently Active Units:      102 days                         -22.14%



                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      80                                                         $1,000,000
                                                       69
      70                                                          $950,000
                                                                  $900,000
      60                                          54
                                                                  $850,000
      50           45
                                              43                  $800,000
      40        36         34  33                                 $750,000
      30                             23
          21      21             20     19     21                 $700,000
      20                                                          $650,000

      10                                                          $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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