Page 2 - The Owen Report for January 2024
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, January 31, 2024
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $1,933,300 -33.79%
Median Price: $1,900,000 -34.93%
Maximum Price: $2,300,000 -36.99%
Total Sales Volume: $5,799,900 -0.69%
Total Units Sold: 3 +50.00%
Avg. Mkt. Time of Units Sold: 297 days +1647.06%
Total Units Currently Active: 30 +3.45%
Avg. Mkt. Time of Currently Active Units: 362 days +2.55%
Units Sold Median Price
One Year Trend One Year Trend
6
5 $5,000,000
5
$4,000,000
4
3 3 $3,000,000
3
2 2 2 2
2 $2,000,000
1 1 1
1 $1,000,000
0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
