Page 6 - The Owen Report for April 2024
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,831,740 +16.69%
Median Price: $1,440,000 +2.86%
Maximum Price: $4,100,000 +38.98%
Total Sales Volume: $45,793,500 +71.61%
Total Units Sold: 25 +47.06%
Average Market Time of Units Sold: 164 days -26.13%
Total Units Currently Active: 299 -3.24%
Avg. Mkt. Time of Currently Active Units: 212 days +2.42%
Units Sold Median Price
One Year Trend One Year Trend
50
45 $1,700,000
40
35 29 $1,500,000
30 25 26 23 25
25 22 19
20 17 18 18 17 $1,300,000
12
15 12
10 $1,100,000
5
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
