Page 4 - The Owen Report for December 2023
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, December 31, 2023
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,075,000 -34.85%
Median Price: $1,075,000 -34.85%
Maximum Price: $1,100,000 -33.33%
Total Sales Volume: $2,150,000 +30.30%
Total Units Sold: 2 +100.00%
Average Market Time of Units Sold: 397 days -57.27%
Total Units Currently Active: 16 -5.88%
Avg. Mkt. Time of Currently Active Units: 284 days -5.33%
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
2 $1,500,000
1.5 1 $1,000,000
1 1
0.5 $500,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
