Page 3 - The Owen Report for February 2024
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                       As of Thursday, February 29, 2024




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

            Average Price:                               $2,852,000                           0%
            Median Price:                                $3,220,000                        +64.29%
            Maximum Price:                               $3,930,000                         -14.57%
            Total Sales Volume:                        $14,260,000                            0%
            Total Units Sold:                                     5                           0%
            Average Market Time of Units Sold:             209 days                        +102.91%
            Total Units Currently Active:                       46                         +24.32%
            Avg. Mkt. Time of Currently Active Units:      197 days                         -23.94%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

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

      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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