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

Owen Report







                                   The High-End COOPERATIVE Market

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

                                           As of Sunday, June 30, 2024




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

            Average Price:                               $1,225,000                         +8.89%
            Median Price:                                $1,225,000                         +8.89%
            Maximum Price:                               $1,350,000                        +20.00%
            Total Sales Volume:                          $2,450,000                        +117.78%
            Total Units Sold:                                     2                        +100.00%
            Average Market Time of Units Sold:             599 days                         -42.13%
            Total Units Currently Active:                       14                          -22.22%
            Avg. Mkt. Time of Currently Active Units:      204 days                         -2.86%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     4.5                                                        $3,500,000
                   4                   4
       4
                                                                $3,000,000
     3.5
       3                                                        $2,500,000
     2.5                                                        $2,000,000
                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                                                               $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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