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

Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                          As of Sunday, January 31, 2021




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

            Average Price:                               $1,524,316                         +30.80%
            Median Price:                                  $950,000                         +8.46%
            Maximum Price:                               $9,000,000                        +200.00%
            Total Sales Volume:                         $28,962,000                         +8.05%
            Total Units Sold:                                    19                         -17.39%
            Average Market Time of Units Sold:             172 days                        +132.43%
            Total Units Currently Active:                       122                         +6.09%
            Avg. Mkt. Time of Currently Active Units:      181 days                          -6.70%



                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      50                                                         $1,050,000
                                       45
      45                                                         $1,000,000
      40                       36                                 $950,000
      35                                  34  33                  $900,000
                       30                                         $850,000
      30
                                                    23            $800,000
      25      21     21    21  21                20     19        $750,000
      20
          15                                                      $700,000
      15                                                          $650,000
      10                                                          $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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