Page 4 - The Owen Report for November 2023
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

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

                                      As of Thursday, November 30, 2023




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

            Average Price:                               $1,650,000                        +44.58%
            Median Price:                                $1,650,000                        +44.58%
            Maximum Price:                               $1,650,000                        +41.94%
            Total Sales Volume:                          $1,650,000                         -27.71%
            Total Units Sold:                                     1                         -50.00%
            Average Market Time of Units Sold:             929 days                        +206.60%
            Total Units Currently Active:                       17                          -22.73%
            Avg. Mkt. Time of Currently Active Units:      300 days                         -13.04%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

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




                                       Source: Midwest Real Estate Data (MRED / MLS)
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