Page 4 - The Owen Report for August 2022
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, August 31, 2022
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,047,000 -29.73%
Median Price: $1,047,000 -29.73%
Maximum Price: $1,047,000 -29.73%
Total Sales Volume: $1,047,000 -29.73%
Total Units Sold: 1 0%
Average Market Time of Units Sold: 225 days -40.79%
Total Units Currently Active: 35 +6.06%
Avg. Mkt. Time of Currently Active Units: 352 days +5.71%
Units Sold Median Price
One Year Trend One Year Trend
6 $3,500,000
5
5 $3,000,000
$2,500,000
4
3 3 $2,000,000
3
$1,500,000
2
2
2 2
1 1 1 $1,000,000
1 $500,000
0 0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)