Page 7 - The Owen Report for August 2021
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                          As of Tuesday, August 31, 2021




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

            Average Price:                               $1,141,818                         +0.56%
            Median Price:                                  $904,950                          -2.38%
            Maximum Price:                               $3,725,000                         -14.76%
            Total Sales Volume:                         $38,821,800                         -31.62%
            Total Units Sold:                                    34                         -32.00%
            Average Market Time of Units Sold:              72 days                         -18.18%
            Total Units Currently Active:                       118                          -6.35%
            Avg. Mkt. Time of Currently Active Units:      113 days                          -0.88%



                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      80                                                         $1,000,000
                                          69                      $950,000
      70                                          64
                                                                  $900,000
      60                              54
                                                     50           $850,000
      50  45
                                  43                              $800,000
      40       34  33                                   34        $750,000
      30                  23
                      20      19   21                             $700,000
      20                                                          $650,000

      10                                                          $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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