Page 2 - The Owen Report for February 2020
P. 2

Owen Report








                                 The High-End SINGLE FAMILY HOME Market

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


                                             As of Saturday, February 29, 2020




                        Monthly Statistics for Sales, $1.5M+                                  % +/- Since Last Month


             Average Price:                                     $3,400,000                             +21.43%
             Median Price:                                      $2,500,000                             -10.71%
             Maximum Price:                                     $5,450,000                             +94.64%
             Total Sales Volume:                              $10,200,000                             +264.29%
             Total Units Sold:                                            3                           +200.00%
             Avg. Mkt. Time of Units Sold:                        569 days                            +679.45%
             Total Units Currently Active:                              41                             +10.81%
             Avg. Mkt. Time of Currently Active Units:            307 days                              -7.53%





                        Units Sold                                                           Median Price
                   One Year Trend                                                          One Year Trend

     3.5
                                                               3         $5,000,000
       3
     2.5                                                                 $4,000,000
            2                                           2
       2
                                                                         $3,000,000
     1.5
                 1 1         1        1        1            1            $2,000,000
       1
                                                                         $1,000,000
     0.5
                          0       0        0       0
       0                                                                         $0






                                            Source: Midwest Real Estate Data (MRED / MLS)
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