Page 6 - Owen Report November 2024
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, November 30, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $2,000,621 +0.90%
Median Price: $1,262,500 -15.83%
Maximum Price: $10,000,000 +128.83%
Total Sales Volume: $68,021,100 +18.29%
Total Units Sold: 34 +17.24%
Average Market Time of Units Sold: 174 days +46.22%
Total Units Currently Active: 206 -13.45%
Avg. Mkt. Time of Currently Active Units: 270 days +9.31%
Units Sold Median Price
One Year Trend One Year Trend
50
45 38 $1,700,000
40 34
35 29 32 30 29 $1,500,000
30 25
25 23 21
20 18 17 $1,300,000
15 12 12
10 $1,100,000
5
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
