Page 6 - The Owen Report for October 2019 with Notable Sale 1930 N Cleveland
P. 6

Owen Report








                                        The High-End CONDOMINIUM Market

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


                                              As of Thursday, October 31, 2019




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


             Average Price:                                     $1,425,844                              -4.89%
             Median Price:                                      $1,201,250                             +2.67%
             Maximum Price:                                     $8,200,000                             +17.99%
             Total Sales Volume:                              $65,588,838                               -6.91%
             Total Units Sold:                                          46                              -2.13%
             Average Market Time of Units Sold:                   177 days                             +8.59%
             Total Units Currently Active:                             482                              -7.84%
             Avg. Mkt. Time of Currently Active Units:            238 days                             +10.70%





                             Units Sold                                                         Median Price
                        One Year Trend                                                        One Year Trend

      80                                                                   $1,900,000

      70
                                     58               58                   $1,700,000
      60
                                         49 50   50
      50                                                  47   46          $1,500,000
          41
                37
      40            35                                                     $1,300,000
                                   30
      30                24   24
                                                                           $1,100,000
      20
      10                                                                     $900,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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