Page 7 - The Owen Report for August 2025
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Sunday, August 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,321,667 -16.80%
Median Price: $1,305,000 -3.33%
Maximum Price: $1,902,000 -40.56%
Total Sales Volume: $11,895,000 -70.05%
Total Units Sold: 9 -64.00%
Average Market Time of Units Sold: 16 days -68.00%
Total Units Currently Active: 30 +20.00%
Avg. Mkt. Time of Currently Active Units: 97 days +11.49%
Units Sold Median Price
One Year Trend One Year Trend
40 $1,400,000
35
35 $1,350,000
31
30 28 $1,300,000
25
25 22 22 $1,250,000
20 18 $1,200,000
15 11 13 11 10 14 9 $1,150,000
10 $1,100,000
5 $1,050,000
0 $1,000,000
Source: Midwest Real Estate Data (MRED / MLS)
