Page 2 - The Owen Report for February 2024
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, February 29, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $4,150,000 +114.66%
Median Price: $4,150,000 +118.42%
Maximum Price: $5,650,000 +145.65%
Total Sales Volume: $8,300,000 +43.11%
Total Units Sold: 2 -33.33%
Avg. Mkt. Time of Units Sold: 147 days -50.51%
Total Units Currently Active: 31 +3.33%
Avg. Mkt. Time of Currently Active Units: 357 days -1.38%
Units Sold Median Price
One Year Trend One Year Trend
6
5 $5,000,000
5
$4,000,000
4
3 3 $3,000,000
3
2 2 2 2 2
2 $2,000,000
1 1
1 $1,000,000
0
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
