Page 6 - The Owen Report for April 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, April 30, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,151,832 -33.93%
Median Price: $1,010,000 -23.77%
Maximum Price: $3,000,000 -56.20%
Total Sales Volume: $64,502,600 -11.91%
Total Units Sold: 56 +33.33%
Average Market Time of Units Sold: 165 days -13.16%
Total Units Currently Active: 488 -2.01%
Avg. Mkt. Time of Currently Active Units: 224 days -7.05%
Units Sold Median Price
One Year Trend One Year Trend
80
70 $1,600,000
60 56
47 $1,400,000
50 40 42
40 33 36 33 $1,200,000
27 27
30 24 25
20 17 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
