Page 6 - The Owen Report for April 2022
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, April 30, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,247,364 -25.60%
Median Price: $982,500 -4.15%
Maximum Price: $4,150,000 -79.25%
Total Sales Volume: $79,831,300 -16.46%
Total Units Sold: 64 +12.28%
Average Market Time of Units Sold: 150 days -33.63%
Total Units Currently Active: 454 +9.40%
Avg. Mkt. Time of Currently Active Units: 178 days -3.78%
Units Sold Median Price
One Year Trend One Year Trend
80
70
70 65 68 63 64 $1,600,000
57
60 56 57
$1,400,000
50 43 46 44
40
40 38 $1,200,000
30
$1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
