Page 3 - The Owen Report for January 2025
P. 3

Owen Report







                             The High-End SINGLE FAMILY HOME Market

                                       Chicago's LINCOLN PARK Area

                                          As of Friday, January 31, 2025




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $3,190,625                        +16.28%
            Median Price:                                $3,505,000                        +49.15%
            Maximum Price:                               $4,002,500                         -9.03%
            Total Sales Volume:                        $12,762,500                          -48.32%
            Total Units Sold:                                     4                         -55.56%
            Average Market Time of Units Sold:              82 days                         -1.20%
            Total Units Currently Active:                       22                          -8.33%
            Avg. Mkt. Time of Currently Active Units:      208 days                         -30.20%


                          Units Sold                                              Median Price
                     One Year Trend                                             One Year Trend

     18                                17                       $4,000,000
     16                        15
                        14  14
     14                                                         $3,500,000
     12
                                         10   10                $3,000,000
     10                                              9
      8           7    7                        6               $2,500,000
      6   5   5                                         4
      4                                                         $2,000,000
      2
      0                                                         $1,500,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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