Page 2 - The Owen Report for August 2022
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, August 31, 2022
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,850,000 -20.00%
Median Price: $3,850,000 -20.00%
Maximum Price: $3,850,000 -45.00%
Total Sales Volume: $3,850,000 -60.00%
Total Units Sold: 1 -50.00%
Avg. Mkt. Time of Units Sold: 98 days -68.89%
Total Units Currently Active: 31 0%
Avg. Mkt. Time of Currently Active Units: 290 days -11.59%
Units Sold Median Price
One Year Trend One Year Trend
6
5 5 $5,000,000
5
4 $4,000,000
4
3 3 3 $3,000,000
3
2 2 2
2 2 $2,000,000
1 1 1
1 $1,000,000
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
