Page 2 - The Owen Report for October 2023
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, October 31, 2023
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $1,700,000 -22.29%
Median Price: $1,700,000 -22.29%
Maximum Price: $1,700,000 -22.73%
Total Sales Volume: $1,700,000 -61.14%
Total Units Sold: 1 -50.00%
Avg. Mkt. Time of Units Sold: 444 days +35.78%
Total Units Currently Active: 35 -7.89%
Avg. Mkt. Time of Currently Active Units: 295 days +3.51%
Units Sold Median Price
One Year Trend One Year Trend
6
5 $5,000,000
5
$4,000,000
4
3 $3,000,000
3
2 2 2 2
2 $2,000,000
1 1 1 1
1 $1,000,000
0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)