Page 6 - The Owen Report for September 2024
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Monday, September 30, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,895,792 -1.03%
Median Price: $1,700,000 +11.66%
Maximum Price: $4,700,000 -35.62%
Total Sales Volume: $56,873,750 -7.22%
Total Units Sold: 30 -6.25%
Average Market Time of Units Sold: 148 days -11.38%
Total Units Currently Active: 252 -8.03%
Avg. Mkt. Time of Currently Active Units: 245 days +11.87%
Units Sold Median Price
One Year Trend One Year Trend
50
45 $1,700,000
40 38
35 29 32 30 $1,500,000
30 25
23
25 19 21
20 18 18 17 $1,300,000
15 12 12
10 $1,100,000
5
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
