Page 6 - Owen Report November 2020
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Monday, November 30, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,101,146 -19.05%
Median Price: $1,087,500 +21.17%
Maximum Price: $1,800,000 -64.00%
Total Sales Volume: $26,427,500 -51.43%
Total Units Sold: 24 -40.00%
Average Market Time of Units Sold: 219 days +4.29%
Total Units Currently Active: 516 -10.42%
Avg. Mkt. Time of Currently Active Units: 236 days +4.89%
Units Sold Median Price
One Year Trend One Year Trend
80
$1,600,000
70
60
$1,400,000
47
50
40
40 34 33 36 $1,200,000
31 30 27 27 27
30 26 24
20 $1,000,000
20
10 $800,000
Source: Midwest Real Estate Data (MRED / MLS)
