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)
   1   2   3   4   5   6   7