Page 7 - The Owen Report for April 2025
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Wednesday, April 30, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,709,718 +14.79%
Median Price: $1,310,000 -3.32%
Maximum Price: $4,395,000 +22.08%
Total Sales Volume: $53,001,270 +61.75%
Total Units Sold: 31 +40.91%
Average Market Time of Units Sold: 27 days -56.45%
Total Units Currently Active: 31 -11.43%
Avg. Mkt. Time of Currently Active Units: 61 days +32.61%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,400,000
30 31
30 $1,350,000
$1,300,000
25 22 22
20 20 20 $1,250,000
20 18
14 $1,200,000
15 13
11 11 10 $1,150,000
10
$1,100,000
5 $1,050,000
0 $1,000,000
Source: Midwest Real Estate Data (MRED / MLS)