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)
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