Page 4 - The Owen Report for December 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, December 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,225,000 -39.51%
Median Price: $1,225,000 -39.51%
Maximum Price: $1,225,000 -39.51%
Total Sales Volume: $1,225,000 -39.51%
Total Units Sold: 1 0%
Average Market Time of Units Sold: 16 days -94.89%
Total Units Currently Active: 11 -15.38%
Avg. Mkt. Time of Currently Active Units: 311 days +8.74%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $8,000,000
4
4 $7,000,000
3.5
$6,000,000
3
$5,000,000
2.5
2 2 2 2 2 2 $4,000,000
2
$3,000,000
1.5
1 1 1 1 1 1
1 $2,000,000
0.5 $1,000,000
0 $0
Source: Midwest Real Estate Data (MRED / MLS)