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)
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