Page 6 - The Owen Report for June 2024
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, June 30, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,738,328 +6.36%
Median Price: $1,400,000 +0.39%
Maximum Price: $3,900,000 -4.88%
Total Sales Volume: $50,411,500 -18.83%
Total Units Sold: 29 -23.68%
Average Market Time of Units Sold: 139 days +6.92%
Total Units Currently Active: 317 +3.59%
Avg. Mkt. Time of Currently Active Units: 213 days +2.90%
Units Sold Median Price
One Year Trend One Year Trend
50
45 $1,700,000
40 38
35 29 29 $1,500,000
30 26 23 25
25 22 19 18
20 18 17 $1,300,000
15 12 12
10 $1,100,000
5
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
