Page 7 - The Owen Report for May 2025
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Saturday, May 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,471,782 -13.92%
Median Price: $1,310,000 0%
Maximum Price: $3,550,000 -19.23%
Total Sales Volume: $41,209,900 -22.25%
Total Units Sold: 28 -9.68%
Average Market Time of Units Sold: 18 days -33.33%
Total Units Currently Active: 27 -12.90%
Avg. Mkt. Time of Currently Active Units: 66 days +8.20%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,400,000
30 31
30 28 $1,350,000
$1,300,000
25 22 22
20 20 $1,250,000
20 18 $1,200,000
15 13 14
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)
