Page 2 - The Owen Report for January 2022
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Owen Report







                              The High-End SINGLE FAMILY HOME Market

           Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                         As of Monday, January 31, 2022




                      Monthly Statistics for Sales, $1.5M+                          % +/- Since Last Month

            Average Price:                               $3,147,500                         +4.56%
            Median Price:                                $2,287,500                         -24.01%
            Maximum Price:                               $6,500,000                         +77.10%
            Total Sales Volume:                         $12,590,000                        +109.13%
            Total Units Sold:                                     4                        +100.00%
            Avg. Mkt. Time of Units Sold:                  376 days                        +144.16%
            Total Units Currently Active:                        19                          -9.52%
            Avg. Mkt. Time of Currently Active Units:      470 days                          -4.86%




                      Units Sold                                                  Median Price
                  One Year Trend                                                One Year Trend
      7
                         6                                       $5,000,000
      6
                    5         5
      5                                                          $4,000,000
                                 4                      4
      4                                                          $3,000,000
                                         3       3
      3
                                    2              2             $2,000,000
      2
           1                                1
      1                                                          $1,000,000
              0   0
      0                                                                 $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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