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

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                         As of Wednesday, July 31, 2024




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

            Average Price:                               $2,344,667                         -4.54%
            Median Price:                                $1,729,000                         -23.58%
            Maximum Price:                               $4,350,000                         +7.94%
            Total Sales Volume:                        $35,170,000                          +2.28%
            Total Units Sold:                                   15                          +7.14%
            Average Market Time of Units Sold:              29 days                         -68.82%
            Total Units Currently Active:                       44                          -10.20%
            Avg. Mkt. Time of Currently Active Units:      192 days                         +7.26%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     16     15                                  14  14  15      $3,500,000
     14                                                         $3,300,000
               12                                               $3,100,000
     12             11       10                                 $2,900,000
     10                   8                                     $2,700,000
      8               7                  7     7                $2,500,000
      6                           5  5                          $2,300,000
                                                                $2,100,000
      4
                                                                $1,900,000
      2                                                         $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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