Page 7 - The Owen Report for March 2024
P. 7
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)