Page 6 - The Owen Report for July 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, July 31, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,505,099 +10.21%
Median Price: $1,003,750 -2.31%
Maximum Price: $11,250,000 +127.27%
Total Sales Volume: $102,346,750 +7.06%
Total Units Sold: 68 -2.86%
Average Market Time of Units Sold: 169 days -21.40%
Total Units Currently Active: 476 +0.42%
Avg. Mkt. Time of Currently Active Units: 219 days +1.39%
Units Sold Median Price
One Year Trend One Year Trend
80
70 68
70 65 $1,600,000
60 56
47 $1,400,000
50
40 42
40 36 33 $1,200,000
27 25
30 24
17 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
