Page 7 - Owen Report for October 2017
P. 7

Owen Report

                 The High-End Condominium Market
                   Chicago's LINCOLN PARK Area
                     As of Tuesday, October 31, 2017

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

    Average Price:                                                $950,961                                  -11.76%
    Median Price:                                                 $902,500                                   -3.48%
    Maximum Price:                                              $1,600,000                                  -33.19%
    Total Sales Volume:                                        $17,117,300                                  -36.47%
    Total Units Sold:                                                                                       -28.00%
    Average Market Time of Units Sold:                                     18                               +27.12%
    Total Units Currently Active:                                    75 days                                -10.20%
    Avg. Mkt. Time of Currently Active Units:                                                                +6.60%
                                                                           88
                                                                   113 days

          Units Sold                                                                                Median Price
                                                                                                  One Year Trend
          One Year Trend

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

10

5

0

                 Source: Midwest Real Estate Data (MRED / MLS)
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