Page 6 - The Owen Report for January 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, January 31, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,233,824 +2.35%
Median Price: $1,140,000 +6.05%
Maximum Price: $2,000,000 -23.08%
Total Sales Volume: $20,975,000 -47.28%
Total Units Sold: 17 -48.48%
Average Market Time of Units Sold: 228 days +25.97%
Total Units Currently Active: 483 +5.23%
Avg. Mkt. Time of Currently Active Units: 250 days -4.58%
Units Sold Median Price
One Year Trend One Year Trend
80
70 $1,600,000
60
$1,400,000
47
50
40
40 33 36 33 $1,200,000
31 30 27 27
30 27 24
20 $1,000,000
20 17
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
