Page 7 - The Owen Report for July 2025
P. 7

Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                           As of Thursday, July 31, 2025




                      Monthly Statistics for Sales, $1M+                            % +/- Since Last Month

            Average Price:                               $1,588,570                         +6.23%
            Median Price:                                $1,350,000                         +3.05%
            Maximum Price:                               $3,200,000                         -33.65%
            Total Sales Volume:                        $39,714,250                          -24.12%
            Total Units Sold:                                   25                          -28.57%
            Average Market Time of Units Sold:              50 days                        +78.57%
            Total Units Currently Active:                       25                          -10.71%
            Avg. Mkt. Time of Currently Active Units:       87 days                        +38.10%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     40                                                         $1,400,000
                                                   35
     35                                  31                     $1,350,000
                                               28
     30                                                 25      $1,300,000
     25        22                     22                        $1,250,000
         20
     20           18                                            $1,200,000
     15                  13        14                           $1,150,000
                      11      11  10
     10                                                         $1,100,000
      5                                                         $1,050,000

      0                                                         $1,000,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
   2   3   4   5   6   7   8   9   10   11   12