Page 4 - The Owen Report for October 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, October 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,256,250 +25.63%
Median Price: $1,256,250 +25.63%
Maximum Price: $1,325,000 +32.50%
Total Sales Volume: $2,512,500 +151.25%
Total Units Sold: 2 +100.00%
Average Market Time of Units Sold: 116 days +45.00%
Total Units Currently Active: 12 -7.69%
Avg. Mkt. Time of Currently Active Units: 269 days +14.47%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $8,000,000
4
4 $7,000,000
3.5
$6,000,000
3
$5,000,000
2.5
2 2 2 2 2 2 2 $4,000,000
2
$3,000,000
1.5
1 1 1 1 1
1 $2,000,000
0.5 $1,000,000
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
