Page 4 - The Owen Report for May 2021
P. 4

Owen Report







                                    The High-End COOPERATIVE Market

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

                                           As of Monday, May 31, 2021




                       Monthly Statistics for Sales, $1M+                           % +/- Since Last Month

            Average Price:                               $1,687,500                  N/A (no sales in April)
            Median Price:                                $1,687,500                  N/A (no sales in April)
            Maximum Price:                               $1,687,500                  N/A (no sales in April)
            Total Sales Volume:                          $1,687,500                  N/A (no sales in April)
            Total Units Sold:                                     1                  N/A (no sales in April)
            Average Market Time of Units Sold:             701 days                  N/A (no sales in April)
            Total Units Currently Active:                        40                         +8.11%
            Avg. Mkt. Time of Currently Active Units:      316 days                         +3.90%


                          Units Sold                                               Median Price

                      One Year Trend                                             One Year Trend
      4.5                                                        $3,500,000
       4                        4
                                                                 $3,000,000
      3.5
                                                                 $2,500,000
       3
      2.5                                                        $2,000,000
       2                                                         $1,500,000
      1.5
                1           1         1   1       1      1       $1,000,000
       1
      0.5                                                         $500,000
           0       0    0          0      0            0
       0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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