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)