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)
