Page 7 - The Owen Report for January 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Wednesday, January 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,138,667 -15.50%
Median Price: $1,080,000 -22.02%
Maximum Price: $1,299,000 -23.36%
Total Sales Volume: $3,416,000 -57.75%
Total Units Sold: 3 -50.00%
Average Market Time of Units Sold: 47 days -4.08%
Total Units Currently Active: 33 +26.92%
Avg. Mkt. Time of Currently Active Units: 109 days -9.92%
Units Sold Median Price
One Year Trend One Year Trend
30 $3,100,000
25
25 24 $2,600,000
20 18
20
15 $2,100,000
15 12 11 13
11 10 $1,600,000
10
6
5 3 $1,100,000
1
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
