Page 6 - The Owen Report for January 2018
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, January 31, 2018
Monthly Statistics for January Sales, $700k+ % +/- Since Last Month
Average Price: $1,703,046 +33.29%
Median Price: $1,050,025 +6.07%
Maximum Price: $12,100,000 +227.47%
Total Sales Volume: $40,873,100 -38.48%
Total Units Sold: -53.85%
Average Market Time of Units Sold: 24 +1.68%
Total Units Currently Active: 121 days +8.99%
Avg. Mkt. Time of Currently Active Units: -9.48%
388
210 days
Units Sold Median Price
One Year Trend One Year Trend
80 $1,500,000
$1,300,000
70 $1,100,000
60 52 49 48 58 52 $900,000
50 48 $700,000
46
36 42 41
33
40 31
30 24
20
10
Source: Midwest Real Estate Data (MRED / MLS)
