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)