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)
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