Page 7 - The Owen Report for August 2020 with Notable Property 1555 N Astor 19W
P. 7

Owen Report








                                       The High-End CONDOMINIUM Market

                                            Chicago's LINCOLN PARK Area


                                              As of Monday, August 31, 2020




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


             Average Price:                                     $1,019,991                             +7.66%
             Median Price:                                       $900,000                              +1.47%
             Maximum Price:                                     $2,475,000                             +60.71%
             Total Sales Volume:                              $45,899,590                              +34.58%
             Total Units Sold:                                          45                             +25.00%
             Average Market Time of Units Sold:                   112 days                             -16.42%
             Total Units Currently Active:                             181                             +4.62%
             Avg. Mkt. Time of Currently Active Units:            114 days                             -12.98%




                             Units Sold                                                       Median Price

                        One Year Trend                                                      One Year Trend

      50                                                                 $1,100,000
                                                              45
      45                                                                 $1,050,000
                                                                         $1,000,000
      40
                                                        36                 $950,000
      35             34
                                              30                           $900,000
      30      27                                                           $850,000
           23
      25                                           21                      $800,000
                         20  19      21     21          21                 $750,000
      20
                                15                                         $700,000
      15
                                                                           $650,000
      10                                                                   $600,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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