Page 4 - The Owen Report for February 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, February 29, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,050,000 -55.65%
Median Price: $1,050,000 -41.67%
Maximum Price: $1,050,000 -76.67%
Total Sales Volume: $1,050,000 -88.91%
Total Units Sold: 1 -75.00%
Average Market Time of Units Sold: 4 days -99.32%
Total Units Currently Active: 18 +5.88%
Avg. Mkt. Time of Currently Active Units: 205 days -21.76%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $3,500,000
4 4 4
4
$3,000,000
3.5
$2,500,000
3
2.5 $2,000,000
2 2 2 2 2 2
2 $1,500,000
1.5
1 1 1 $1,000,000
1
0.5 $500,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
