Page 7 - The Owen Report for August 2017
P. 7

Owen Report

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

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

       Average Price:                              $1,282,414                     +33.94%
       Median Price:                                 $910,000                      +3.00%
       Maximum Price:                                                            +190.08%
       Total Sales Volume:                         $4,532,500                     +13.33%
       Total Units Sold:                          $28,213,100                     -15.38%
       Average Market Time of Units Sold:                                         -39.82%
       Total Units Currently Active:                          22                  +23.75%
       Avg. Mkt. Time of Currently Active Units:        68 days                    -1.82%

                                                              99
                                                      108 days

                 Units Sold                                               Median Price          Uni
                                                                        One Year Trend          Mon
       One Year Trend                                                                           Uni

40                                  34                      $1,000,000                          Med
                                                              $950,000                          Mon
35                      30 29                     26          $900,000                          Med
                                25                      22    $850,000
30                                                            $800,000
25 23                                                         $750,000
                                                              $700,000
20     18 17 15  16 16                                        $650,000
                                                              $600,000
15 10

10

5

0

                        Source: Midwest Real Estate Data (MRED / MLS)
   2   3   4   5   6   7   8   9   10   11   12