Page 7 - The Owen Report for March 2024
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Owen Report







                                   The High-End CONDOMINIUM Market

                                       Chicago's LINCOLN PARK Area

                                          As of Sunday, March 31, 2024




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

            Average Price:                               $1,273,375                         -14.44%
            Median Price:                                $1,167,500                         -1.68%
            Maximum Price:                               $1,810,000                         -31.18%
            Total Sales Volume:                        $15,280,500                         +71.11%
            Total Units Sold:                                   12                         +100.00%
            Average Market Time of Units Sold:              85 days                         +6.25%
            Total Units Currently Active:                       37                          -2.63%
            Avg. Mkt. Time of Currently Active Units:       89 days                         -12.75%



                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     30                                                         $1,600,000
                     24
            25                                                  $1,500,000
     25
         20                                                     $1,400,000
                 18                                             $1,300,000
     20
                         15                                     $1,200,000
     15                       12     13                12       $1,100,000
                                11      10                      $1,000,000
     10
                                            6       6             $900,000
                                                3                 $800,000
      5
                                                                  $700,000
      0                                                           $600,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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