Page 4 - The Owen Report for March 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, March 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $2,700,000 +157.14%
Median Price: $2,700,000 +157.14%
Maximum Price: $4,100,000 +290.48%
Total Sales Volume: $5,400,000 +414.29%
Total Units Sold: 2 +100.00%
Average Market Time of Units Sold: 419 days +370.00%
Total Units Currently Active: 16 -11.11%
Avg. Mkt. Time of Currently Active Units: 179 days -12.68%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $3,500,000
4 4 4
4
$3,000,000
3.5
$2,500,000
3
2.5 $2,000,000
2 2 2 2 2 2 2
2 $1,500,000
1.5
1 1 $1,000,000
1
0.5 $500,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
