Page 6 - The Owen Report for November 2019
P. 6

Owen Report








                                        The High-End CONDOMINIUM Market

            Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area


                                            As of Saturday, November 30, 2019




                        Monthly Statistics for Sales, $700k+                                  % +/- Since Last Month


             Average Price:                                     $1,400,650                              -1.77%
             Median Price:                                      $1,120,000                              -6.76%
             Maximum Price:                                     $4,100,000                             -50.00%
             Total Sales Volume:                              $36,416,900                              -44.48%
             Total Units Sold:                                          26                             -43.48%
             Average Market Time of Units Sold:                   227 days                             +28.25%
             Total Units Currently Active:                             427                             -11.41%
             Avg. Mkt. Time of Currently Active Units:            256 days                             +7.56%





                             Units Sold                                                         Median Price
                        One Year Trend                                                        One Year Trend

      80                                                                   $1,900,000

      70
                                 58              58                        $1,700,000
      60
                                     49  50  50
      50                                              47  46               $1,500,000
          37
      40        35
                                                                           $1,300,000
                               30
      30            24 24                                      26
                                                                           $1,100,000
      20
      10                                                                     $900,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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