Page 6 - The Owen Report for December 2019
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, December 31, 2019
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,243,850 -11.19%
Median Price: $960,000 -14.29%
Maximum Price: $3,355,900 -18.15%
Total Sales Volume: $42,290,900 +16.13%
Total Units Sold: 34 +30.77%
Average Market Time of Units Sold: 154 days -32.16%
Total Units Currently Active: 399 -6.56%
Avg. Mkt. Time of Currently Active Units: 263 days +2.73%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
58 58 $1,700,000
60
49 50 50 47
50 46 $1,500,000
40 35 34 $1,300,000
30 24 24 30 26
$1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
