Page 6 - The Owen Report for August 2019 with Notable Sale 2450 N Lakeview #5
P. 6

Owen Report








                                        The High-End CONDOMINIUM Market

            Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area


                                               As of Saturday, August 31, 2019




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


             Average Price:                                     $1,815,923                             +15.14%
             Median Price:                                      $1,799,667                             +60.68%
             Maximum Price:                                     $4,450,000                             -28.51%
             Total Sales Volume:                              $105,323,554                             +33.56%
             Total Units Sold:                                          58                             +16.00%
             Average Market Time of Units Sold:                   138 days                              -8.00%
             Total Units Currently Active:                             537                             +6.34%
             Avg. Mkt. Time of Currently Active Units:            210 days                              -4.11%





                             Units Sold                                                         Median Price
                        One Year Trend                                                        One Year Trend

      80                                                                   $1,900,000

      70                                                                   $1,700,000
      60  54                               58                  58
                48                               49   50 50
      50            41                                                     $1,500,000
                        37
      40                     35
                                       30                                  $1,300,000
      30                         24  24
                                                                           $1,100,000
      20
      10                                                                     $900,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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