Page 6 - The Owen Report for September 2023
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,648,632 -8.95%
Median Price: $1,310,000 -3.85%
Maximum Price: $3,100,000 -54.55%
Total Sales Volume: $31,324,000 -40.35%
Total Units Sold: 19 -34.48%
Average Market Time of Units Sold: 173 days +13.07%
Total Units Currently Active: 296 +0.68%
Avg. Mkt. Time of Currently Active Units: 236 days +1.29%
Units Sold Median Price
One Year Trend One Year Trend
70
$1,700,000
60
50 $1,500,000
40
29
30 26 25 26 22 $1,300,000
19 19 19
20 11 14 12 17
11 $1,100,000
10
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
