Page 6 - The Owen Report for April 2023
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,714,280 -14.71%
Median Price: $1,360,000 -18.51%
Maximum Price: $5,200,000 +19.54%
Total Sales Volume: $42,857,000 -17.99%
Total Units Sold: 25 -3.85%
Average Market Time of Units Sold: 215 days -9.28%
Total Units Currently Active: 311 +9.12%
Avg. Mkt. Time of Currently Active Units: 206 days -2.83%
Units Sold Median Price
One Year Trend One Year Trend
70
$1,700,000
60
50 43 $1,500,000
40 36
30 30
30 26 25 $1,300,000
21 19 19
20 11 11 14 12 $1,100,000
10
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
