Page 4 - The Owen Report for April 2024
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

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

                                           As of Tuesday, April 30, 2024




                      Monthly Statistics for Sales, $1M+                            % +/- Since Last Month

            Average Price:                               $3,575,000                        +32.41%
            Median Price:                                $3,575,000                        +32.41%
            Maximum Price:                               $4,450,000                         +8.54%
            Total Sales Volume:                          $7,150,000                        +32.41%
            Total Units Sold:                                     2                           0%
            Average Market Time of Units Sold:             127 days                        +370.00%
            Total Units Currently Active:                       20                         +25.00%
            Avg. Mkt. Time of Currently Active Units:      164 days                         -8.38%


                          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
       2
                                                                $1,500,000
     1.5
                                       1           1            $1,000,000
       1
     0.5                                                          $500,000
                   0
       0                                                               $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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