Page 3 - The Owen Report for July 2025
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                           As of Thursday, July 31, 2025




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

            Average Price:                               $2,974,106                         +5.67%
            Median Price:                                $2,600,000                         -5.93%
            Maximum Price:                               $6,750,000                        +21.61%
            Total Sales Volume:                        $47,585,700                          -34.97%
            Total Units Sold:                                   16                          -38.46%
            Average Market Time of Units Sold:              32 days                         -40.74%
            Total Units Currently Active:                       26                          -25.71%
            Avg. Mkt. Time of Currently Active Units:      188 days                        +23.68%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $4,000,000
                                                     26
     25
                                                                $3,500,000
     20     17
         15                                   16    16          $3,000,000
     15                                    12
                  10  10              11
                             9                                  $2,500,000
     10                             7
                         6
                                 4
      5                                                         $2,000,000

      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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