Page 4 - The Owen Report for May 2022
P. 4

Owen Report







                                    The High-End COOPERATIVE Market

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

                                           As of Tuesday, May 31, 2022




                       Monthly Statistics for Sales, $1M+                           % +/- Since Last Month

            Average Price:                               $1,487,500                  N/A (no sales in April)
            Median Price:                                $1,487,500                  N/A (no sales in April)
            Maximum Price:                               $1,575,000                  N/A (no sales in April)
            Total Sales Volume:                          $2,975,000                  N/A (no sales in April)
            Total Units Sold:                                     2                  N/A (no sales in April)
            Average Market Time of Units Sold:             399 days                  N/A (no sales in April)
            Total Units Currently Active:                        30                           0%
            Avg. Mkt. Time of Currently Active Units:      330 days                         -10.81%


                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      3.5                                                        $3,500,000
                               3                  3
       3                                                         $3,000,000
      2.5                                                        $2,500,000
                       2                       2         2
       2                                                         $2,000,000

      1.5                                                        $1,500,000
            1  1    1       1
       1                                                         $1,000,000
      0.5                                                         $500,000
                                   0   0   0          0
       0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
   1   2   3   4   5   6   7   8   9