Page 6 - The Owen Report for September 2020
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, September 30, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,368,074 +25.45%
Median Price: $1,100,000 +26.44%
Maximum Price: $4,200,000 0%
Total Sales Volume: $36,938,000 -27.94%
Total Units Sold: 27 -42.55%
Average Market Time of Units Sold: 113 days -36.16%
Total Units Currently Active: 616 +1.32%
Avg. Mkt. Time of Currently Active Units: 203 days -3.79%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
$1,700,000
60
50 47 46 47 $1,500,000
40 34 31 30 33 36 $1,300,000
30 27 27 26
26 20 $1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
