Page 4 - The Owen Report for February 2022 with Notable Sale 1837 N Orchard
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Owen Report







                                    The High-End COOPERATIVE Market

           Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                        As of Monday, February 28, 2022




                       Monthly Statistics for Sales, $1M+                           % +/- Since Last Month

            Average Price:                               $1,807,500                 N/A (no sales in January)
            Median Price:                                $1,807,500                 N/A (no sales in January)
            Maximum Price:                               $1,925,000                 N/A (no sales in January)
            Total Sales Volume:                          $3,615,000                 N/A (no sales in January)
            Total Units Sold:                                     2                 N/A (no sales in January)
            Average Market Time of Units Sold:             290 days                 N/A (no sales in January)
            Total Units Currently Active:                        31                         +10.71%
            Avg. Mkt. Time of Currently Active Units:      349 days                          -6.68%


                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      3.5                                                        $3,500,000
                                           3
       3                                                         $3,000,000
      2.5                                                        $2,500,000
                                   2                     2
       2                                                         $2,000,000

      1.5                                                        $1,500,000
                1       1 1     1      1
       1                                                         $1,000,000
      0.5                                                         $500,000
             0       0                         0   0  0
       0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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