Page 2 - The Owen Report for March 2023
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, March 31, 2023
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,100,000 -31.33%
Median Price: $2,100,000 -20.75%
Maximum Price: $2,500,000 -36.55%
Total Sales Volume: $4,200,000 -72.53%
Total Units Sold: 2 -60.00%
Avg. Mkt. Time of Units Sold: 149 days -77.22%
Total Units Currently Active: 26 +4.00%
Avg. Mkt. Time of Currently Active Units: 331 days +0.61%
Units Sold Median Price
One Year Trend One Year Trend
6
5
5 5 $5,000,000
5
$4,000,000
4
$3,000,000
3
2 2 2 2 2
2 $2,000,000
1
1 1 1
1 $1,000,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
