Page 6 - The Owen Report for June 2021 with Notable Sale 1540 N LSD #16N
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Owen Report







                                   The High-End CONDOMINIUM Market

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

                                         As of Wednesday, June 30, 2021




                      Monthly Statistics for Sales, $700k+                          % +/- Since Last Month

            Average Price:                               $1,365,647                         +3.01%
            Median Price:                                $1,027,500                         +11.68%
            Maximum Price:                               $4,950,000                         +16.47%
            Total Sales Volume:                         $95,595,300                         +10.93%
            Total Units Sold:                                    70                         +7.69%
            Average Market Time of Units Sold:             215 days                         +9.14%
            Total Units Currently Active:                       474                           0%
            Avg. Mkt. Time of Currently Active Units:      216 days                          -1.82%




                          Units Sold                                              Median Price
                      One Year Trend                                            One Year Trend

      80
                                                     70
      70                                          65            $1,600,000
      60                                      56
                                                                $1,400,000
                  47
      50
                          40              42
      40      36                 33                             $1,200,000
         33           27
      30                      24       25
                                     17                         $1,000,000
      20

      10                                                         $800,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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