Page 2 - The Owen Report for October 2024
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, October 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $1,650,000 -35.29%
Median Price: $1,650,000 -35.29%
Maximum Price: $1,800,000 -29.41%
Total Sales Volume: $3,300,000 +29.41%
Total Units Sold: 2 +100.00%
Avg. Mkt. Time of Units Sold: 250 days +986.96%
Total Units Currently Active: 31 -13.89%
Avg. Mkt. Time of Currently Active Units: 406 days +6.28%
Units Sold Median Price
One Year Trend One Year Trend
3.5
3 3 $5,000,000
3
2.5 2 $4,000,000
2 2 2 2 2 2 2
$3,000,000
1.5
1 1 1 $2,000,000
1
0.5 $1,000,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)