Page 2 - The Owen Report for May 2023
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, May 31, 2023
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $4,600,000 +18.94%
Median Price: $5,100,000 +31.87%
Maximum Price: $6,500,000 +15.04%
Total Sales Volume: $13,800,000 +78.41%
Total Units Sold: 3 +50.00%
Avg. Mkt. Time of Units Sold: 335 days +256.38%
Total Units Currently Active: 34 +13.33%
Avg. Mkt. Time of Currently Active Units: 281 days -3.10%
Units Sold Median Price
One Year Trend One Year Trend
6
5 5 $5,000,000
5
$4,000,000
4
3
3 $3,000,000
2 2 2 2 2 2
2 $2,000,000
1 1 1
1 $1,000,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
