Page 2 - Owen Report for February 2023
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, February 28, 2023
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,058,000 +28.76%
Median Price: $2,650,000 +11.58%
Maximum Price: $3,940,000 +65.89%
Total Sales Volume: $15,290,000 +543.79%
Total Units Sold: 5 +400.00%
Avg. Mkt. Time of Units Sold: 654 days +194.59%
Total Units Currently Active: 25 +31.58%
Avg. Mkt. Time of Currently Active Units: 329 days -13.65%
Units Sold Median Price
One Year Trend One Year Trend
6
5
5 5 $5,000,000
5
$4,000,000
4
3
$3,000,000
3
2 2 2 2
2 $2,000,000
1 1
1 1
1 $1,000,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
