Page 4 - The Owen Report for July 2022
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

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

                                           As of Saturday, July 31, 2022




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

            Average Price:                               $1,490,000                         -15.34%
            Median Price:                                $1,490,000                         -18.36%
            Maximum Price:                               $1,490,000                         -45.82%
            Total Sales Volume:                          $1,490,000                         -83.07%
            Total Units Sold:                                     1                         -80.00%
            Average Market Time of Units Sold:             380 days                         +2.70%
            Total Units Currently Active:                       33                          +6.45%
            Avg. Mkt. Time of Currently Active Units:      333 days                         -0.60%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

      6                                                         $3,500,000
                                                     5
      5                                                         $3,000,000
                                                                $2,500,000
      4
                      3                  3                      $2,000,000
      3
              2                    2              2             $1,500,000
      2
                                                        1       $1,000,000
      1    1        1                                             $500,000
                          0   0    0           0
      0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
   1   2   3   4   5   6   7   8   9