Page 4 - Owen Report for February 2023
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

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

                                        As of Tuesday, February 28, 2023




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

            Average Price:                               $1,790,000                         -45.63%
            Median Price:                                $1,790,000                         -45.63%
            Maximum Price:                               $1,790,000                         -65.58%
            Total Sales Volume:                          $1,790,000                         -72.82%
            Total Units Sold:                                     1                         -50.00%
            Average Market Time of Units Sold:             323 days                        +456.90%
            Total Units Currently Active:                       24                          +9.09%
            Avg. Mkt. Time of Currently Active Units:      323 days                         -13.87%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

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




                                       Source: Midwest Real Estate Data (MRED / MLS)
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