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

Owen Report







                                   The High-End COOPERATIVE Market

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

                                         As of Wednesday, May 31, 2023




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

            Average Price:                               $1,082,500                         -16.73%
            Median Price:                                $1,082,500                         -16.73%
            Maximum Price:                               $1,165,000                         -16.79%
            Total Sales Volume:                          $2,165,000                         -16.73%
            Total Units Sold:                                     2                           0%
            Average Market Time of Units Sold:             144 days                         -72.78%
            Total Units Currently Active:                       27                            0%
            Avg. Mkt. Time of Currently Active Units:      331 days                         +9.24%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

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




                                       Source: Midwest Real Estate Data (MRED / MLS)
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