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

Owen Report







                                   The High-End CONDOMINIUM Market

                                        Chicago's LINCOLN PARK Area

                                           As of Saturday, July 31, 2021




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

            Average Price:                               $1,135,465                         +12.39%
            Median Price:                                  $927,000                         +2.89%
            Maximum Price:                               $4,370,000                         +6.98%
            Total Sales Volume:                         $56,773,232                         -12.20%
            Total Units Sold:                                    50                         -21.88%
            Average Market Time of Units Sold:              88 days                         -69.57%
            Total Units Currently Active:                       126                          -0.79%
            Avg. Mkt. Time of Currently Active Units:      114 days                         -22.14%



                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      80                                                         $1,000,000
                                              69
      70                                                          $950,000
                                                     64
                                                                  $900,000
      60                                  54            50
      50     45                                                   $850,000
                                      43                          $800,000
      40  36       34  33                                         $750,000
      30                      23
                          20     19     21                        $700,000
      20                                                          $650,000

      10                                                          $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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