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)
