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)