Page 8 - The Owen Report for March 2025 with cover
P. 8
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Monday, March 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,489,468 +21.21%
Median Price: $1,355,000 +9.49%
Maximum Price: $3,600,000 +136.07%
Total Sales Volume: $32,768,298 +90.47%
Total Units Sold: 22 +57.14%
Average Market Time of Units Sold: 62 days -10.14%
Total Units Currently Active: 35 +40.00%
Avg. Mkt. Time of Currently Active Units: 46 days -29.23%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,400,000
30
30 $1,300,000
$1,200,000
25 22 22
20 20 20 $1,100,000
20 18
$1,000,000
14
15 12 13
11 11 10 $900,000
10
$800,000
5 $700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
