Page 6 - The Owen Report for October 2023
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,683,667 +2.13%
Median Price: $1,346,250 +2.77%
Maximum Price: $5,500,000 +77.42%
Total Sales Volume: $30,306,000 -3.25%
Total Units Sold: 18 -5.26%
Average Market Time of Units Sold: 170 days -1.73%
Total Units Currently Active: 276 -6.76%
Avg. Mkt. Time of Currently Active Units: 255 days +8.05%
Units Sold Median Price
One Year Trend One Year Trend
70
$1,700,000
60
50 $1,500,000
40
29 $1,300,000
30 26 25 26 22
19 19 17 19 18
20 11 14 12 $1,100,000
10
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
