Page 8 - Owen Report July 2024
P. 8
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Wednesday, July 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,354,850 -0.78%
Median Price: $1,265,000 +4.98%
Maximum Price: $2,000,000 -33.33%
Total Sales Volume: $27,096,999 -0.78%
Total Units Sold: 20 0%
Average Market Time of Units Sold: 112 days +160.47%
Total Units Currently Active: 23 -20.69%
Avg. Mkt. Time of Currently Active Units: 98 days +38.03%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,600,000
30 $1,500,000
30
$1,400,000
25 $1,300,000
20 20 20
20 $1,200,000
15 $1,100,000
15 12 11 13 10 12 $1,000,000
10 $900,000
6 6 $800,000
5 3
$700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)