Page 6 - 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
                                                                          $1,600,000
      70
      60
                                                                          $1,400,000
      50  47    46                                        47

      40                34   31  30              33  36                   $1,200,000
      30                            27      27                 27
                     26                  20                               $1,000,000
      20
      10                                                                   $800,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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