Page 4 - The Owen Report for March 2025 with cover
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Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                          As of Monday, March 31, 2025




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $2,646,182                        +18.36%
            Median Price:                                $2,500,000                        +31.58%
            Maximum Price:                               $5,800,000                        +46.10%
            Total Sales Volume:                        $29,108,000                         +85.99%
            Total Units Sold:                                   11                         +57.14%
            Average Market Time of Units Sold:             154 days                        +316.22%
            Total Units Currently Active:                       34                         +25.93%
            Avg. Mkt. Time of Currently Active Units:      116 days                         -39.90%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     18                                                         $4,000,000
     16                15      17
                 14 14
     14                                                         $3,500,000
     12                                                 11
                                  10 10     9
     10                                                         $3,000,000
      8   7     7                       6              7        $2,500,000
      6                                         4
      4                                                         $2,000,000
      2
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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