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)