Page 6 - The Owen Report for November 2023
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,521,667 -9.62%
Median Price: $1,270,000 -5.66%
Maximum Price: $3,500,000 -36.36%
Total Sales Volume: $18,260,000 -39.75%
Total Units Sold: 12 -33.33%
Average Market Time of Units Sold: 98 days -42.35%
Total Units Currently Active: 249 -9.78%
Avg. Mkt. Time of Currently Active Units: 274 days +7.45%
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 $1,300,000
19 17 22 19 18
20 14 12 12
11 $1,100,000
10
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
