Page 6 - The Owen Report for December 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, December 31, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,327,236 -3.88%
Median Price: $1,150,000 -3.87%
Maximum Price: $4,375,000 -20.81%
Total Sales Volume: $75,652,450 +36.97%
Total Units Sold: 57 +42.50%
Average Market Time of Units Sold: 244 days +98.37%
Total Units Currently Active: 332 -13.54%
Avg. Mkt. Time of Currently Active Units: 255 days +4.51%
Units Sold Median Price
One Year Trend One Year Trend
80
70 68 $1,600,000
70 65
60 56 57
46 44 $1,400,000
50 43
42 40
40 $1,200,000
33
30 25
17 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
