Page 2 - The Owen Report for May 2022
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, May 31, 2022
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,015,000 +45.30%
Median Price: $3,250,000 +56.63%
Maximum Price: $3,575,000 +72.29%
Total Sales Volume: $15,075,000 +626.51%
Total Units Sold: 5 +400.00%
Avg. Mkt. Time of Units Sold: 101 days 4950% (from 2 days in April)
Total Units Currently Active: 32 +10.34%
Avg. Mkt. Time of Currently Active Units: 325 days -9.72%
Units Sold Median Price
One Year Trend One Year Trend
7
6 $5,000,000
6
5 5 5
5 $4,000,000
4 4
4 $3,000,000
3 3 3
3
2 2
$2,000,000
2
1 1
1 $1,000,000
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
