Page 3 - The Owen Report for December 2024
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                       As of Tuesday, December 31, 2024




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $2,743,889                         +2.37%
            Median Price:                                $2,350,000                         -1.57%
            Maximum Price:                               $4,400,000                         +4.76%
            Total Sales Volume:                        $24,695,000                         +53.56%
            Total Units Sold:                                     9                        +50.00%
            Average Market Time of Units Sold:              83 days                         -24.55%
            Total Units Currently Active:                       24                          -4.00%
            Avg. Mkt. Time of Currently Active Units:      298 days                        +12.88%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     18                                                         $3,500,000
                                           17
     16                    14 14   15                           $3,300,000
     14                                                         $3,100,000
     12                                                         $2,900,000
          10                                  10  10    9       $2,700,000
     10
                                                                $2,500,000
      8                7   7                        6           $2,300,000
      6        5 5
                                                                $2,100,000
      4                                                         $1,900,000
      2                                                         $1,700,000
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
   1   2   3   4   5   6   7   8