Page 4 - The Owen Report for May 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, May 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,125,000 -68.53%
Median Price: $1,125,000 -68.53%
Maximum Price: $1,125,000 -74.72%
Total Sales Volume: $1,125,000 -84.27%
Total Units Sold: 1 -50.00%
Average Market Time of Units Sold: 1035 days +370.00%
Total Units Currently Active: 18 -10.00%
Avg. Mkt. Time of Currently Active Units: 210 days +28.05%
Units Sold Median Price
One Year Trend One Year Trend
4.5
4 4 $3,500,000
4
$3,000,000
3.5
3 $2,500,000
2.5 $2,000,000
2 2 2 2 2 2 2
2
$1,500,000
1.5
1 1 1 $1,000,000
1
0.5 $500,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
