Page 6 - Owen Report June 2019
P. 6

Owen Report







                                   The High-End CONDOMINIUM Market

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

                                            As of Sunday, June 30, 2019



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


             Average Price:                               $1,581,856                         +5.59%
             Median Price:                                $1,207,500                          -0.82%
             Maximum Price:                               $6,350,000                         +4.19%
             Total Sales Volume:                         $79,092,797                         +7.75%
             Total Units Sold:                                    50                         +2.04%
             Average Market Time of Units Sold:             127 days                         -25.73%
             Total Units Currently Active:                       537                         +1.51%
             Avg. Mkt. Time of Currently Active Units:      204 days                         +0.99%




                           Units Sold                                             Median Price
                       One Year Trend                                           One Year Trend
       80                                                       $1,500,000
           66
       70
                                                58              $1,300,000
       60           54
                50     48                           49    50
       50
                           41                                   $1,100,000
       40                      37  35
                                            30
       30                             24 24                      $900,000
       20
       10                                                        $700,000





                                       Source: Midwest Real Estate Data (MRED / MLS)
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