Page 4 - The Owen Report for August 2024
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, August 31, 2024
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $7,700,000 +498.17%
Median Price: $7,700,000 +498.17%
Maximum Price: $7,700,000 +492.31%
Total Sales Volume: $7,700,000 +199.09%
Total Units Sold: 1 -50.00%
Average Market Time of Units Sold: 520 days +738.71%
Total Units Currently Active: 12 0%
Avg. Mkt. Time of Currently Active Units: 220 days -3.93%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $8,000,000
4 4
4 $7,000,000
3.5
$6,000,000
3
$5,000,000
2.5
2 2 2 2 2 2 2 $4,000,000
2
$3,000,000
1.5
1 1 1 1
1 $2,000,000
0.5 $1,000,000
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
