Page 2 - The Owen Report for March 2024
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, March 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,595,000 -13.37%
Median Price: $3,550,000 -14.46%
Maximum Price: $4,185,000 -25.93%
Total Sales Volume: $10,785,000 +29.94%
Total Units Sold: 3 +50.00%
Avg. Mkt. Time of Units Sold: 281 days +91.16%
Total Units Currently Active: 35 +12.90%
Avg. Mkt. Time of Currently Active Units: 336 days -5.88%
Units Sold Median Price
One Year Trend One Year Trend
3.5 3
3 3 $5,000,000
3
2.5 $4,000,000
2 2 2 2 2
2
$3,000,000
1.5
1 1 $2,000,000
1
0.5 $1,000,000
0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
