Page 6 - The Owen Report for October 2016
P. 6
Owen Report
The High-End Condominium Market
Chicago's GOLD COAST / STREETERVILLE Area
As of Monday, October 31, 2016
Monthly Statistics for October Sales, $700k+ % +/- Since Last Month
Average Price: $1,216,503 -29.87%
Median Price: $892,500 -14.08%
Maximum Price: -61.13%
Total Sales Volume: $3,110,000 -52.25%
Total Units Sold: $38,928,100 -31.91%
Average Market Time of Units Sold: +64.84%
Total Units Currently Active: 32 -5.63%
Avg. Mkt. Time of Currently Active Units: 150 days +11.26%
335
168 days
Units Sold Median Price
One Year Trend One Year Trend
80 76 $1,500,000
70 $1,300,000
60 54 57 $1,100,000
50 47 48 47
40 37 43 $900,000
30 32 $700,000
20
10 28 29
26
18
Source: Midwest Real Estate Data (MRED / MLS)
