Page 6 - The Owen Report for November 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, November 30, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,380,813 +2.67%
Median Price: $1,196,250 +7.77%
Maximum Price: $5,525,000 +8.33%
Total Sales Volume: $55,232,500 -6.66%
Total Units Sold: 40 -9.09%
Average Market Time of Units Sold: 123 days -41.15%
Total Units Currently Active: 384 -14.09%
Avg. Mkt. Time of Currently Active Units: 244 days +7.02%
Units Sold Median Price
One Year Trend One Year Trend
80
70 68
70 65 $1,600,000
60 56
46 $1,400,000
50 43 44
42
40
40 33 $1,200,000
30 24 25
17 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
