Page 7 - The Owen Report for August 2024
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Saturday, August 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,466,136 +8.21%
Median Price: $1,225,000 -3.16%
Maximum Price: $5,100,000 +155.00%
Total Sales Volume: $32,255,000 +19.04%
Total Units Sold: 22 +10.00%
Average Market Time of Units Sold: 31 days -72.32%
Total Units Currently Active: 28 +21.74%
Avg. Mkt. Time of Currently Active Units: 93 days -5.10%
Units Sold Median Price
One Year Trend One Year Trend
35 $1,600,000
30 $1,500,000
30
$1,400,000
25 22 $1,300,000
20 20 20
20 $1,200,000
$1,100,000
15 12 13 12
11 10 $1,000,000
10 6 6 $900,000
5 3 $800,000
$700,000
0 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
