Page 7 - The Owen Report for April 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Tuesday, April 30, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,403,750 +10.24%
Median Price: $1,345,000 +15.20%
Maximum Price: $2,150,000 +18.78%
Total Sales Volume: $28,075,000 +83.73%
Total Units Sold: 20 +66.67%
Average Market Time of Units Sold: 56 days -34.12%
Total Units Currently Active: 29 -21.62%
Avg. Mkt. Time of Currently Active Units: 91 days +2.25%
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
15 $1,200,000
15 12 13 $1,100,000
11 12
10 $1,000,000
10 6 6 $900,000
5 3 $800,000
$700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)