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)