Page 4 - The Owen Report for March 2023

Owen Report

The High-End COOPERATIVE Market

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

As of Friday, March 31, 2023

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

Average Price: $1,486,250 -16.97%
Median Price: $1,497,500 -16.34%
Maximum Price: $1,900,000 +6.15%
Total Sales Volume: $5,945,000 +232.12%
Total Units Sold: 4 +300.00%
Average Market Time of Units Sold: 304 days -5.88%
Total Units Currently Active: 26 +8.33%
Avg. Mkt. Time of Currently Active Units: 323 days 0%

Units Sold Median Price
One Year Trend One Year Trend

6 $3,500,000
5
5 $3,000,000
4 $2,500,000
4
3 $2,000,000
3
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)