Page 6 - Owen Report for November 2018
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, November 30, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,453,160 -17.35%
Median Price: $1,050,000 -12.50%
Maximum Price: $6,280,938 -4.05%
Total Sales Volume: $53,766,938 -25.41%
Total Units Sold: -9.76%
Average Market Time of Units Sold: 37 +78.29%
Total Units Currently Active: 230 days -11.76%
Avg. Mkt. Time of Currently Active Units: +7.18%
390
224 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 $1,300,000
60 66 $1,100,000
48 52 64 54 $900,000
50 24 54 50 48 $700,000
40
30 41
20 37
10
27
Source: Midwest Real Estate Data (MRED / MLS)