Page 3 - The Owen Report for December 2023
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                       As of Sunday, December 31, 2023




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

            Average Price:                               $2,640,550                         +2.12%
            Median Price:                                $2,505,000                        +12.61%
            Maximum Price:                               $4,628,000                        +15.70%
            Total Sales Volume:                        $26,405,500                         +27.65%
            Total Units Sold:                                   10                         +25.00%
            Average Market Time of Units Sold:              83 days                         +2.47%
            Total Units Currently Active:                       29                          -14.71%
            Avg. Mkt. Time of Currently Active Units:      279 days                         -1.76%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     16                               15                        $3,100,000
     14                         13                              $2,900,000
                                          12
     12                                       11                $2,700,000
                       10   10                         10
     10                                             8           $2,500,000
           8                                     7
      8                                                         $2,300,000
                        6
      6       5                                                 $2,100,000
                  3
      4                                                         $1,900,000
      2                                                         $1,700,000

      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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