Page 6 - Owen Report March 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, March 31, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,743,321 +80.51%
Median Price: $1,325,000 +51.43%
Maximum Price: $6,850,000 +315.15%
Total Sales Volume: $73,219,500 +203.26%
Total Units Sold: 42 +68.00%
Average Market Time of Units Sold: 190 days -35.15%
Total Units Currently Active: 498 +0.61%
Avg. Mkt. Time of Currently Active Units: 241 days +1.69%
Units Sold Median Price
One Year Trend One Year Trend
80
70 $1,600,000
60
47 $1,400,000
50
40 42
40 33 36 27 33 $1,200,000
30 27 27 24 25
20 $1,000,000
20 17
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
