Page 6 - The Owen Report for October 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, October 31, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,344,857 +11.73%
Median Price: $1,110,000 +13.27%
Maximum Price: $5,100,000 +82.14%
Total Sales Volume: $59,173,712 +6.87%
Total Units Sold: 44 -4.35%
Average Market Time of Units Sold: 209 days +117.71%
Total Units Currently Active: 447 -8.78%
Avg. Mkt. Time of Currently Active Units: 228 days +4.59%
Units Sold Median Price
One Year Trend One Year Trend
80
65 70 $1,600,000
70 68
60 56
$1,400,000
50 43 46 44
40 42
40 33 $1,200,000
24
30 25
17 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
