Page 6 - Owen Report May Activity
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, May 31, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,556,921 +6.15%
Median Price: $1,244,500 +21.13%
Maximum Price: $6,050,000 +55.23%
Total Sales Volume: $99,642,965 -12.90%
Total Units Sold: -17.95%
Average Market Time of Units Sold: 64 +33.33%
Total Units Currently Active: 95 days +2.72%
Avg. Mkt. Time of Currently Active Units: -1.05%
491
180 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
$1,300,000
70 52 54 64 $1,100,000
60 58 48 27
46 $900,000
48 42 41 $700,000
50
31
40 24
30
20
10
Source: Midwest Real Estate Data (MRED / MLS)
