Page 2 - The Owen Report for August 2024
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, August 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,155,000 -8.46%
Median Price: $2,155,000 -8.46%
Maximum Price: $2,660,000 -6.67%
Total Sales Volume: $4,310,000 -8.46%
Total Units Sold: 2 0%
Avg. Mkt. Time of Units Sold: 348 days +274.19%
Total Units Currently Active: 37 +2.78%
Avg. Mkt. Time of Currently Active Units: 344 days +15.05%
Units Sold Median Price
One Year Trend One Year Trend
3.5
3 3 $5,000,000
3
2.5 $4,000,000
2 2 2 2 2 2 2
2
$3,000,000
1.5
1 1 $2,000,000
1
0.5 $1,000,000
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
