Page 2 - The Owen Report for May 2024
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, May 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,815,000 -42.55%
Median Price: $2,815,000 -42.55%
Maximum Price: $2,875,000 -41.33%
Total Sales Volume: $5,630,000 +14.90%
Total Units Sold: 2 +100.00%
Avg. Mkt. Time of Units Sold: 205 days +831.82%
Total Units Currently Active: 33 -2.94%
Avg. Mkt. Time of Currently Active Units: 296 days -10.30%
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
$3,000,000
1.5
1 1 1 $2,000,000
1
0.5 $1,000,000
0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
