Page 2 - The Owen Report for February 2022
P. 2
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)
