Page 3 - The Owen Report for January 2024
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's LINCOLN PARK Area
As of Wednesday, January 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,852,000 +8.01%
Median Price: $1,960,000 -21.76%
Maximum Price: $4,600,000 -0.61%
Total Sales Volume: $14,260,000 -46.00%
Total Units Sold: 5 -50.00%
Average Market Time of Units Sold: 103 days +24.10%
Total Units Currently Active: 37 +27.59%
Avg. Mkt. Time of Currently Active Units: 259 days -7.17%
Units Sold Median Price
One Year Trend One Year Trend
16 $3,100,000
15
14 13 $2,900,000
12 12 11 $2,700,000
10 10 10
10 8 $2,500,000
8 7 $2,300,000
6 5
6 5 $2,100,000
4 3 $1,900,000
2 $1,700,000
0 $1,500,000
Source: Midwest Real Estate Data (MRED / MLS)
