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)
   2   3   4   5   6   7   8   9   10   11   12