Page 6 - The Owen Report for October 2024
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,982,862 +4.59%
Median Price: $1,500,000 -11.76%
Maximum Price: $4,370,000 -7.02%
Total Sales Volume: $57,502,995 +1.11%
Total Units Sold: 29 -3.33%
Average Market Time of Units Sold: 119 days -19.59%
Total Units Currently Active: 238 -5.56%
Avg. Mkt. Time of Currently Active Units: 247 days +0.82%
Units Sold Median Price
One Year Trend One Year Trend
50
45 38 $1,700,000
40
35 29 32 30 29 $1,500,000
30 25
25 23 18 21
20 18 17 $1,300,000
15 12 12
10 $1,100,000
5
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
