Page 4 - The Owen Report for January 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, January 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $2,367,500 +120.23%
Median Price: $1,800,000 +67.44%
Maximum Price: $4,500,000 +309.09%
Total Sales Volume: $9,470,000 +340.47%
Total Units Sold: 4 +100.00%
Average Market Time of Units Sold: 584 days +47.10%
Total Units Currently Active: 17 +6.25%
Avg. Mkt. Time of Currently Active Units: 262 days -7.75%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $3,500,000
4 4 4
4
$3,000,000
3.5
$2,500,000
3
2.5 $2,000,000
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)
