Page 4 - The Owen Report for August 2021
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, August 31, 2021
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,285,000 -37.32%
Median Price: $1,285,000 -37.32%
Maximum Price: $1,350,000 -34.15%
Total Sales Volume: $2,570,000 +25.37%
Total Units Sold: 2 +100.00%
Average Market Time of Units Sold: 184 days +308.89%
Total Units Currently Active: 38 +8.57%
Avg. Mkt. Time of Currently Active Units: 360 days -3.49%
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
2 $1,500,000
1.5
1 1 1 1 1 1 1 $1,000,000
1
0.5 $500,000
0 0 0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)