Page 2 - The Owen Report for January 2020 with Notable Property 50 E. Chestnut #2601
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, January 31, 2020
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,800,000 -7.82%
Median Price: $2,800,000 -7.82%
Maximum Price: $2,800,000 -25.83%
Total Sales Volume: $2,800,000 -53.91%
Total Units Sold: 1 -50.00%
Avg. Mkt. Time of Units Sold: 73 days -69.71%
Total Units Currently Active: 37 +8.82%
Avg. Mkt. Time of Currently Active Units: 332 days -11.47%
Units Sold Median Price
One Year Trend One Year Trend
2.5
$5,000,000
2 2
2
$4,000,000
1.5
$3,000,000
1 1 1 1 1 1
1
$2,000,000
0.5 $1,000,000
0 0 0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)