Page 6 - The Owen Report for March 2023
P. 6
Owen Report
The High-End CONDOMINIUM 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: $2,010,038 +26.37%
Median Price: $1,669,000 +29.88%
Maximum Price: $4,350,000 +31.82%
Total Sales Volume: $52,261,000 +173.80%
Total Units Sold: 26 +116.67%
Average Market Time of Units Sold: 237 days -3.27%
Total Units Currently Active: 285 0%
Avg. Mkt. Time of Currently Active Units: 212 days 0%
Units Sold Median Price
One Year Trend One Year Trend
70
$1,700,000
60
50 43 $1,500,000
40 36
31
30 30 26 $1,300,000
30
21 19 19
20 14 12
11 11 $1,100,000
10
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
