Page 6 - Owen Report for March 2018
P. 6

Owen Report

                              The High-End CONDOMINIUM Market
       Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                    As of Saturday, March 31, 2018

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

       Average Price:                              $1,474,031                  -14.79%
       Median Price:                               $1,010,000                   +1.00%
       Maximum Price:                              $9,400,000                   -5.17%
       Total Sales Volume:                        $79,597,698                  +70.42%
       Total Units Sold:                                                      +100.00%
       Average Market Time of Units Sold:                     54               +66.12%
       Total Units Currently Active:                  120 days                  +4.10%
       Avg. Mkt. Time of Currently Active Units:                                -8.57%
                                                             457
                                                      191 days

                   Units Sold                                          Median Price
               One Year Trend                                        One Year Trend

80                                                       $1,500,000

70

60 52              58                               54   $1,300,000
                                                  27     $1,100,000
            49 48      46            48 52
50                            42 41                        $900,000

40 31

30 24

20

10                                                       $700,000

                                     Source: Midwest Real Estate Data (MRED / MLS)
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