Page 2 - The Owen Report for July 2024
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Owen Report







                             The High-End SINGLE FAMILY HOME Market

          Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                         As of Wednesday, July 31, 2024




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $2,354,250                        +30.33%
            Median Price:                                $2,354,250                        +30.33%
            Maximum Price:                               $2,850,000                        +42.50%
            Total Sales Volume:                          $4,708,500                        +30.33%
            Total Units Sold:                                     2                           0%
            Avg. Mkt. Time of Units Sold:                   93 days                         -82.68%
            Total Units Currently Active:                       36                            0%
            Avg. Mkt. Time of Currently Active Units:      299 days                         +4.91%



                      Units Sold                                                  Median Price

                 One Year Trend                                                One Year Trend
     3.5
                                  3        3                     $5,000,000
      3
     2.5                                        2   2  2         $4,000,000
      2            2           2       2
                                                                 $3,000,000
     1.5
            1         1                       1                  $2,000,000
      1
     0.5                                                         $1,000,000
               0          0
      0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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