Page 2 - The Owen Report for February 2022 with Notable Sale 1837 N Orchard
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Monday, February 28, 2022
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,458,333 -21.90%
Median Price: $2,600,000 +13.66%
Maximum Price: $3,150,000 -51.54%
Total Sales Volume: $7,375,000 -41.42%
Total Units Sold: 3 -25.00%
Avg. Mkt. Time of Units Sold: 327 days -13.03%
Total Units Currently Active: 23 +21.05%
Avg. Mkt. Time of Currently Active Units: 337 days -28.30%
Units Sold Median Price
One Year Trend One Year Trend
7
6 $5,000,000
6
5 5
5 $4,000,000
4 4
4 $3,000,000
3 3 3
3
2
2 $2,000,000
2
1 $1,000,000
1
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
