Page 7 - The Owen Report for May 2021
P. 7
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)