Page 4 - Owen Report August 2018
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, August 31, 2018
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,783,333 -22.04%
Median Price: $1,340,000 -41.42%
Maximum Price: $2,760,000 +20.66%
Total Sales Volume: $5,350,000 +133.88%
Total Units Sold: +200.00%
Average Market Time of Units Sold: 3 -85.23%
Total Units Currently Active: 26 days +3.45%
Avg. Mkt. Time of Currently Active Units: +3.25%
30
381 days
Units Sold Median Price
One Year Trend One Year Trend
4.5 $3,500,000
44 $3,000,000
$2,500,000
3.5 3 3 $2,000,000
3 $1,500,000
$1,000,000
2.5
2 22 $500,000
$0
1.5 1 11 1
11
0.5 0 0
0
0
Source: Midwest Real Estate Data (MRED / MLS)