Page 6 - The Owen Report for September 2021
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, September 30, 2021
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,203,712 -20.15%
Median Price: $980,000 -8.67%
Maximum Price: $2,800,000 -53.33%
Total Sales Volume: $55,370,750 -14.58%
Total Units Sold: 46 +6.98%
Average Market Time of Units Sold: 96 days -45.45%
Total Units Currently Active: 490 +3.38%
Avg. Mkt. Time of Currently Active Units: 218 days -0.91%
Units Sold Median Price
One Year Trend One Year Trend
80
70 $1,600,000
70 65 68
56
60
46 $1,400,000
50 43
40 42
40 $1,200,000
33
30 27
25 $1,000,000
20 24
17
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
