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)
