Page 6 - The Owen Report for December 2016
P. 6
Owen Report
The High-End Condominium Market
Chicago's GOLD COAST / STREETERVILLE Area
As of Saturday, December 31, 2016
Monthly Statistics for December Sales, $700k+ % +/- Since Last Month
Average Price: $1,302,923 +13.49%
Median Price: $950,000 +9.83%
Maximum Price: +2.37%
Total Sales Volume: $3,562,460 +52.63%
Total Units Sold: $50,814,003 +34.48%
Average Market Time of Units Sold: -19.05%
Total Units Currently Active: 39 +14.24%
Avg. Mkt. Time of Currently Active Units: 85 days -4.21%
329
182 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 43 47 48 47
40 $900,000
30 29 39 $700,000
20 26 32
10 18
29
Source: Midwest Real Estate Data (MRED / MLS)
