Page 7 - The Owen Report for October 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Thursday, October 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,572,273 +8.30%
Median Price: $1,350,000 +1.69%
Maximum Price: $3,045,000 -10.44%
Total Sales Volume: $17,295,000 -33.82%
Total Units Sold: 11 -38.89%
Average Market Time of Units Sold: 36 days +28.57%
Total Units Currently Active: 28 +7.69%
Avg. Mkt. Time of Currently Active Units: 87 days -11.22%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,500,000
30 $1,400,000
30
$1,300,000
25 20 22 $1,200,000
20 20
20 18 $1,100,000
15 13 12 11 $1,000,000
10 $900,000
10
6 6 $800,000
3
5 $700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
