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

Owen Report







                                   The High-End COOPERATIVE Market

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

                                      As of Saturday, September 30, 2023




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

            Average Price:                               $1,100,000                         -31.25%
            Median Price:                                $1,100,000                         -34.33%
            Maximum Price:                               $1,200,000                         -35.14%
            Total Sales Volume:                          $2,200,000                         -65.63%
            Total Units Sold:                                     2                         -50.00%
            Average Market Time of Units Sold:             393 days                         -0.51%
            Total Units Currently Active:                       19                            0%
            Avg. Mkt. Time of Currently Active Units:      353 days                         -19.22%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     4.5                                                        $3,500,000
                                 4                    4
       4
                                                                $3,000,000
     3.5
                                                                $2,500,000
       3
     2.5                                                        $2,000,000
                        2 2            2  2       2     2
       2                                                        $1,500,000
     1.5
                               1                                $1,000,000
       1
     0.5                                                          $500,000
            0   0   0                         0
       0                                                               $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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