Page 6 - The Owen Report for June 2023
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, June 30, 2023
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,612,981 +17.34%
Median Price: $1,250,000 0%
Maximum Price: $6,350,000 +195.35%
Total Sales Volume: $41,937,500 +79.46%
Total Units Sold: 26 +52.94%
Average Market Time of Units Sold: 195 days -21.69%
Total Units Currently Active: 321 +0.63%
Avg. Mkt. Time of Currently Active Units: 212 days +0.95%
Units Sold Median Price
One Year Trend One Year Trend
70
$1,700,000
60
50 43 $1,500,000
40 36
30 26 25 26 $1,300,000
21 19 19 17
20 14
11 11 12 $1,100,000
10
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
