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)
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