Page 6 - The Owen Report for August 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, August 31, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,507,553 +0.16%
Median Price: $1,073,000 +6.90%
Maximum Price: $6,000,000 -46.67%
Total Sales Volume: $64,824,800 -36.66%
Total Units Sold: 43 -36.76%
Average Market Time of Units Sold: 176 days +4.14%
Total Units Currently Active: 474 -0.42%
Avg. Mkt. Time of Currently Active Units: 220 days +0.46%
Units Sold Median Price
One Year Trend One Year Trend
80
70 68 $1,600,000
70 65
60 56
$1,400,000
50 47 42 43
40
40 $1,200,000
33
30
27 25 $1,000,000
20 24
17
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
