Page 3 - The Owen Report for August 2024
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Saturday, August 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,417,794 +45.77%
Median Price: $2,150,000 +24.35%
Maximum Price: $15,250,000 +250.57%
Total Sales Volume: $58,102,500 +65.20%
Total Units Sold: 17 +13.33%
Average Market Time of Units Sold: 226 days +679.31%
Total Units Currently Active: 42 -4.55%
Avg. Mkt. Time of Currently Active Units: 216 days +12.50%
Units Sold Median Price
One Year Trend One Year Trend
18 $3,500,000
17
16 15 $3,300,000
14 14
14 $3,100,000
12 $2,900,000
12 11
10 8 10 $2,700,000
8 7 7 7 $2,500,000
5 5 $2,300,000
6
$2,100,000
4 $1,900,000
2 $1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)
