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)