Page 7 - The Owen Report for May 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Friday, May 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,378,733 -1.78%
Median Price: $1,202,500 -10.59%
Maximum Price: $2,700,000 +25.58%
Total Sales Volume: $41,362,000 +47.33%
Total Units Sold: 30 +50.00%
Average Market Time of Units Sold: 50 days -10.71%
Total Units Currently Active: 34 +17.24%
Avg. Mkt. Time of Currently Active Units: 64 days -29.67%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,600,000
30 $1,500,000
30
24 $1,400,000
25 $1,300,000
18 20 $1,200,000
20
15
12 $1,100,000
15 11 13 12 $1,000,000
10
10 6 $900,000
6
3 $800,000
5
$700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
