Page 7 - The Owen Report for January 2025
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Friday, January 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,287,150 -33.21%
Median Price: $1,238,750 -8.24%
Maximum Price: $2,000,000 -55.56%
Total Sales Volume: $12,871,500 -39.29%
Total Units Sold: 10 -9.09%
Average Market Time of Units Sold: 38 days -33.33%
Total Units Currently Active: 24 +60.00%
Avg. Mkt. Time of Currently Active Units: 65 days -44.92%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,400,000
30
30 $1,300,000
$1,200,000
25 22
20 20 20 $1,100,000
20 18
$1,000,000
15 13
12 11 11 10 $900,000
10
6 $800,000
3
5 $700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
