Page 4 - The Owen Report for January 2023
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

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

                                         As of Tuesday, January 31, 2023




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

            Average Price:                               $3,292,500                        +32.76%
            Median Price:                                $3,292,500                        +32.76%
            Maximum Price:                               $5,200,000                        +73.33%
            Total Sales Volume:                          $6,585,000                        +32.76%
            Total Units Sold:                                     2                           0%
            Average Market Time of Units Sold:              58 days                        +190.00%
            Total Units Currently Active:                       22                            0%
            Avg. Mkt. Time of Currently Active Units:      375 days                         -0.53%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

      6                                                         $3,500,000
                               5
      5                                                         $3,000,000
                                                                $2,500,000
      4
                   3                                            $2,000,000
      3
            2              2                        2   2       $1,500,000
      2
                                  1  1                          $1,000,000
      1                                                           $500,000
           0           0                 0   0     0
      0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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