Page 4 - The Owen Report for April 2023
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

          Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                           As of Sunday, April 30, 2023




                      Monthly Statistics for Sales, $1M+                            % +/- Since Last Month

            Average Price:                               $1,300,000                         -12.53%
            Median Price:                                $1,300,000                         -13.19%
            Maximum Price:                               $1,400,000                         -26.32%
            Total Sales Volume:                          $2,600,000                         -56.27%
            Total Units Sold:                                     2                         -50.00%
            Average Market Time of Units Sold:             529 days                        +74.01%
            Total Units Currently Active:                       27                          +3.85%
            Avg. Mkt. Time of Currently Active Units:      303 days                         -6.19%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

      6                                                         $3,500,000
                   5
      5                                                         $3,000,000
                                                     4          $2,500,000
      4
                                                                $2,000,000
      3
               2                         2   2          2       $1,500,000
      2
                       1  1                       1             $1,000,000
      1                                                           $500,000
            0                 0   0   0
      0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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