Page 2 - Owen Report March 2022
P. 2

Owen Report







                              The High-End SINGLE FAMILY HOME Market

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

                                         As of Thursday, March 31, 2022




                      Monthly Statistics for Sales, $1.5M+                          % +/- Since Last Month

            Average Price:                               $3,119,400                         +26.89%
            Median Price:                                $2,500,000                          -3.85%
            Maximum Price:                               $5,600,000                         +77.78%
            Total Sales Volume:                         $15,597,000                        +111.48%
            Total Units Sold:                                     5                         +66.67%
            Avg. Mkt. Time of Units Sold:                  430 days                         +31.50%
            Total Units Currently Active:                        21                          -8.70%
            Avg. Mkt. Time of Currently Active Units:      402 days                         +19.29%




                      Units Sold                                                  Median Price
                  One Year Trend                                                One Year Trend
      7
                6                                                $5,000,000
      6
            5         5                                 5
      5                                                          $4,000,000
                          4                     4
      4
                                 3                               $3,000,000
                                          3           3
      3
                             2                                   $2,000,000
      2                                       2
                                       1                         $1,000,000
      1
           0
      0                                                                 $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
   1   2   3   4   5   6   7