Page 3 - The Owen Report for March 2024
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Sunday, March 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,625,000 -7.96%
Median Price: $2,600,000 -19.25%
Maximum Price: $3,625,000 -7.76%
Total Sales Volume: $18,375,000 +28.86%
Total Units Sold: 7 +40.00%
Average Market Time of Units Sold: 178 days -14.83%
Total Units Currently Active: 54 +17.39%
Avg. Mkt. Time of Currently Active Units: 199 days +1.02%
Units Sold Median Price
One Year Trend One Year Trend
16 $3,500,000
15
14 13 $3,300,000
12 12 $3,100,000
10 10 11 10 $2,900,000
10
8 $2,700,000
8 6 7 7 $2,500,000
6 5 5 $2,300,000
$2,100,000
4
$1,900,000
2 $1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)
