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)