Page 6 - Owen Report May 2019
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, May 31, 2019
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,498,071 -12.96%
Median Price: $1,217,500 -2.60%
Maximum Price: $6,094,591 -5.69%
Total Sales Volume: $73,405,475 -26.47%
Total Units Sold: -15.52%
Average Market Time of Units Sold: 49 +4.27%
Total Units Currently Active: 171 days -2.22%
Avg. Mkt. Time of Currently Active Units: +9.78%
529
202 days
Units Sold Median Price
One Year Trend One Year Trend
80 66 $1,500,000
70 64 $1,300,000
60 50 54 58 $1,100,000
50
40 48 49 $900,000
30 41 $700,000
20 37 35
10 30
24 24
Source: Midwest Real Estate Data (MRED / MLS)
