Page 6 - Owen Report February 2019
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, February 28, 2019
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,615,214 -14.76%
Median Price: $1,362,500 -4.70%
Maximum Price: $4,328,079 -37.80%
Total Sales Volume: $38,765,129 -14.76%
Total Units Sold:
Average Market Time of Units Sold: 24 0%
Total Units Currently Active: 177 days +9.94%
Avg. Mkt. Time of Currently Active Units: +6.02%
458 +0.48%
209 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 64 $1,500,000
70 66 $1,300,000
60 $1,100,000
50 54 54
40 50 48 $900,000
30 27 $700,000
20 41
10 37 35
24 24
Source: Midwest Real Estate Data (MRED / MLS)