Page 3 - The Owen Report for May 2024
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Friday, May 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,320,812 +12.71%
Median Price: $2,257,000 +15.74%
Maximum Price: $3,500,000 +16.67%
Total Sales Volume: $32,491,369 +125.42%
Total Units Sold: 14 +100.00%
Average Market Time of Units Sold: 99 days -27.21%
Total Units Currently Active: 55 +5.77%
Avg. Mkt. Time of Currently Active Units: 201 days +3.61%
Units Sold Median Price
One Year Trend One Year Trend
16 15 14 $3,500,000
14 13 $3,300,000
12 $3,100,000
12
11 10 $2,900,000
10 10 8 $2,700,000
8 7 7 7 $2,500,000
6 5 5 $2,300,000
$2,100,000
4
$1,900,000
2 $1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)
