Page 3 - The Owen Report for February 2025
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Friday, February 28, 2025
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,235,714 -29.93%
Median Price: $1,900,000 -45.79%
Maximum Price: $3,970,000 -0.81%
Total Sales Volume: $15,650,000 +22.62%
Total Units Sold: 7 +75.00%
Average Market Time of Units Sold: 37 days -54.88%
Total Units Currently Active: 27 +22.73%
Avg. Mkt. Time of Currently Active Units: 193 days -7.21%
Units Sold Median Price
One Year Trend One Year Trend
18 $4,000,000
16 14 14 15 17
14 $3,500,000
12
10 10 9 $3,000,000
10
8 7 7 6 7 $2,500,000
6 5
4
4 $2,000,000
2
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)