Page 4 - The Owen Report for November 2023
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, November 30, 2023
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,650,000 +44.58%
Median Price: $1,650,000 +44.58%
Maximum Price: $1,650,000 +41.94%
Total Sales Volume: $1,650,000 -27.71%
Total Units Sold: 1 -50.00%
Average Market Time of Units Sold: 929 days +206.60%
Total Units Currently Active: 17 -22.73%
Avg. Mkt. Time of Currently Active Units: 300 days -13.04%
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
2 $1,500,000
1.5
1 1 $1,000,000
1
0.5 $500,000
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)