Page 7 - The Owen Report for December 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Tuesday, December 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,927,269 +43.05%
Median Price: $1,350,000 +12.50%
Maximum Price: $4,500,000 +109.30%
Total Sales Volume: $21,199,961 +21.04%
Total Units Sold: 11 -15.38%
Average Market Time of Units Sold: 57 days +23.91%
Total Units Currently Active: 15 -37.50%
Avg. Mkt. Time of Currently Active Units: 118 days +15.69%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,500,000
30 $1,400,000
30
$1,300,000
25 22
20 20 20 $1,200,000
20 18 $1,100,000
15 12 13 $1,000,000
11 11
$900,000
10 6 6 $800,000
5 3 $700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
