Page 6 - Owen Report for January 2019
P. 6

Owen Report

                              The High-End CONDOMINIUM Market
       Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                   As of Thursday, January 31, 2019

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

       Average Price:                              $1,894,892                -1.44%
       Median Price:                               $1,429,750               +19.15%
       Maximum Price:                              $6,958,000                +0.35%
       Total Sales Volume:                        $45,477,400               -32.42%
       Total Units Sold:                                                    -31.43%
       Average Market Time of Units Sold:                     24            +26.77%
       Total Units Currently Active:                  161 days              +12.79%
       Avg. Mkt. Time of Currently Active Units:                             -7.56%
                                                             432
                                                      208 days

           Units Sold                                               Median Price
       One Year Trend                                             One Year Trend

80            78  66                              $1,500,000
70                                                $1,300,000
60        64               54  48                 $1,100,000
50     54             50            41
40                                                  $900,000
30 24                                   37 35       $700,000
20
10     27 24

                               Source: Midwest Real Estate Data (MRED / MLS)
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