Page 2 - The Owen Report for January 2023
P. 2

Owen Report







                             The High-End SINGLE FAMILY HOME Market

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

                                         As of Tuesday, January 31, 2023




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

            Average Price:                               $2,375,000               N/A (no sales in December)
            Median Price:                                $2,375,000               N/A (no sales in December)
            Maximum Price:                               $2,375,000               N/A (no sales in December)
            Total Sales Volume:                          $2,375,000               N/A (no sales in December)
            Total Units Sold:                                     1               N/A (no sales in December)
            Avg. Mkt. Time of Units Sold:                  222 days               N/A (no sales in December)
            Total Units Currently Active:                       19                          -5.00%
            Avg. Mkt. Time of Currently Active Units:      381 days                        +17.96%



                      Units Sold                                                  Median Price

                 One Year Trend                                                One Year Trend
     6
                  5      5                                       $5,000,000
     5
          4                                                      $4,000,000
     4
              3                                                  $3,000,000
     3
                             2   2      2  2
     2                                                           $2,000,000
                                       1        1       1
                      1
     1                                                           $1,000,000
                                                   0
     0                                                                 $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
   1   2   3   4   5   6   7