Page 6 - Owen Report for February 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, February 28, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $965,756 -21.73%
Median Price: $875,000 -23.25%
Maximum Price: $1,650,000 -17.50%
Total Sales Volume: $24,143,900 +15.11%
Total Units Sold: 25 +47.06%
Average Market Time of Units Sold: 293 days +28.51%
Total Units Currently Active: 495 +2.48%
Avg. Mkt. Time of Currently Active Units: 237 days -5.20%
Units Sold Median Price
One Year Trend One Year Trend
80
70 $1,600,000
60
47 $1,400,000
50 40
40 33 36 33 $1,200,000
30 27 27
30 27 24 25
20 17 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
