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)