Page 4 - The Owen Report for October 2023

Owen Report

The High-End COOPERATIVE Market

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

As of Tuesday, October 31, 2023

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

Average Price: $1,141,250 +3.75%
Median Price: $1,141,250 +3.75%
Maximum Price: $1,162,500 -3.13%
Total Sales Volume: $2,282,500 +3.75%
Total Units Sold: 2 0%
Average Market Time of Units Sold: 303 days -22.90%
Total Units Currently Active: 22 +15.79%
Avg. Mkt. Time of Currently Active Units: 345 days -2.27%

Units Sold Median Price
One Year Trend One Year Trend

4.5 $3,500,000
4 4
4
$3,000,000
3.5
$2,500,000
3
2.5 $2,000,000
2 2 2 2 2 2 2
2 $1,500,000
1.5
1 $1,000,000
1
0.5 $500,000
0 0 0
0 $0

Source: Midwest Real Estate Data (MRED / MLS)