Page 6 - Owen Report September 2018
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, September 30, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,496,745 -18.16%
Median Price: $1,040,000 -14.05%
Maximum Price: $6,448,206 +2.46%
Total Sales Volume: $71,843,781 -27.25%
Total Units Sold: -11.11%
Average Market Time of Units Sold: 48 -19.66%
Total Units Currently Active: 94 days -3.36%
Avg. Mkt. Time of Currently Active Units: +3.59%
489
202 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 64 66 $1,300,000
60 $1,100,000
50 41 48 52 54 54
40 31 50 48 $900,000
30 $700,000
20 27
10 24
Source: Midwest Real Estate Data (MRED / MLS)
