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)