Page 7 - The Owen Report for February 2025
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Friday, February 28, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,228,821 -4.53%
Median Price: $1,237,500 -0.10%
Maximum Price: $1,525,000 -23.75%
Total Sales Volume: $17,203,500 +33.66%
Total Units Sold: 14 +40.00%
Average Market Time of Units Sold: 69 days +81.58%
Total Units Currently Active: 25 +4.17%
Avg. Mkt. Time of Currently Active Units: 65 days 0%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,400,000
30
30 $1,300,000
$1,200,000
25 22
20 20 20 $1,100,000
20 18
14 $1,000,000
15 12 13
11 11 10 $900,000
10 6 $800,000
5 $700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
