Page 7 - The Owen Report for February 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Thursday, February 29, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,488,333 +30.71%
Median Price: $1,187,500 +9.95%
Maximum Price: $2,630,000 +102.46%
Total Sales Volume: $8,930,000 +161.42%
Total Units Sold: 6 +100.00%
Average Market Time of Units Sold: 80 days +70.21%
Total Units Currently Active: 38 +15.15%
Avg. Mkt. Time of Currently Active Units: 102 days -6.42%
Units Sold Median Price
One Year Trend One Year Trend
30 $1,600,000
25 24 $1,500,000
25 $1,400,000
20 18 $1,300,000
20
$1,200,000
15
15 11 12 11 13 10 $1,100,000
10 6 6 $1,000,000
$900,000
5 3 $800,000
$700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
