Page 5 - Owen Report July 2024
P. 5
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, July 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,287,250 +5.08%
Median Price: $1,287,250 +5.08%
Maximum Price: $1,300,000 -3.70%
Total Sales Volume: $2,574,500 +5.08%
Total Units Sold: 2 0%
Average Market Time of Units Sold: 62 days -89.65%
Total Units Currently Active: 12 -14.29%
Avg. Mkt. Time of Currently Active Units: 229 days +12.25%
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 $1,000,000
1
0.5 $500,000
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
