Page 4 - Owen Report July 2018
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, July 31, 2018
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $2,287,500 +72.17%
Median Price: $2,287,500 +67.89%
Maximum Price: $2,287,500 +49.80%
Total Sales Volume: $2,287,500 -56.96%
Total Units Sold: -75.00%
Average Market Time of Units Sold: 1 -72.67%
Total Units Currently Active: 176 days -9.38%
Avg. Mkt. Time of Currently Active Units: +11.14%
29
369 days
Units Sold Median Price
One Year Trend One Year Trend
4.5 $3,500,000
44 $3,000,000
$2,500,000
3.5 $2,000,000
33 $1,500,000
$1,000,000
2.5
2 22 $500,000
$0
1.5 1 1 11 1
1
1
0.5 0
0 00
Source: Midwest Real Estate Data (MRED / MLS)