Page 4 - Owen Report March 2022
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, March 31, 2022
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,856,667 +2.72%
Median Price: $1,800,000 -0.41%
Maximum Price: $2,770,000 +43.90%
Total Sales Volume: $5,570,000 +54.08%
Total Units Sold: 3 +50.00%
Average Market Time of Units Sold: 166 days -42.76%
Total Units Currently Active: 31 0%
Avg. Mkt. Time of Currently Active Units: 380 days +8.88%
Units Sold Median Price
One Year Trend One Year Trend
3.5 $3,500,000
3 3
3 $3,000,000
2.5 $2,500,000
2 2
2 $2,000,000
1.5 $1,500,000
1 1 1 1 1
1 $1,000,000
0.5 $500,000
0 0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)