Page 6 - The Owen Report for July 2020
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, July 31, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,382,361 +1.60%
Median Price: $1,000,000 +2.56%
Maximum Price: $7,200,000 +94.86%
Total Sales Volume: $49,765,000 +10.84%
Total Units Sold: 36 +9.09%
Average Market Time of Units Sold: 185 days -15.14%
Total Units Currently Active: 571 +1.78%
Avg. Mkt. Time of Currently Active Units: 217 days -0.46%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
$1,700,000
60 58
50
50 47 46 $1,500,000
40 34 36
31 33 $1,300,000
26 30 27 27
30
20 $1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
