Page 6 - The Owen Report for January 2017 with Notable Listing and Sale of 199 E LSD #6W
P. 6

Owen Report

             The High-End Condominium Market
    Chicago's GOLD COAST / STREETERVILLE Area

                 As of Tuesday, January 31, 2017

    Monthly Statistics for January Sales, $700k+               % +/- Since Last Month

    Average Price:                              $1,217,939                -6.52%
    Median Price:                                 $815,000               -14.21%
    Maximum Price:                                                       +13.69%
    Total Sales Volume:                         $4,050,000               -20.90%
    Total Units Sold:                          $40,192,003               -15.38%
    Average Market Time of Units Sold:                                   +74.12%
    Total Units Currently Active:                          33             +7.90%
    Avg. Mkt. Time of Currently Active Units:      148 days               -3.85%

                                                          355
                                                   175 days

                   Units Sold                                    Median Price
               One Year Trend                                  One Year Trend

80 76                                              $1,500,000
                                                   $1,300,000
70                                                 $1,100,000

60 54     57      47                                 $900,000
50 47         48                 39                  $700,000

40                     32 29                   33
30 26 29
20 18

10

          Source: Midwest Real Estate Data (MRED / MLS)
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