Page 6 - The Owen Report for June 2022 with Notable Sale 800 N Michigan #3602
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, June 30, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,569,175 +24.54%
Median Price: $1,068,750 +9.62%
Maximum Price: $6,102,340 +72.02%
Total Sales Volume: $109,842,232 +38.38%
Total Units Sold: 70 +11.11%
Average Market Time of Units Sold: 88 days -37.59%
Total Units Currently Active: 481 +0.42%
Avg. Mkt. Time of Currently Active Units: 183 days +5.17%
Units Sold Median Price
One Year Trend One Year Trend
80
70 70
70 68 64 63 $1,600,000
63
60 57 $1,400,000
46 57
50 43 44
40 38
40 $1,200,000
30
$1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
