Page 4 - Owen Report May 2019
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, May 31, 2019
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $3,553,333 +132.24%
Median Price: $3,325,000 +117.32%
Maximum Price: $6,150,000 +301.96%
Total Sales Volume: $10,660,000 +596.73%
Total Units Sold: +200.00%
Average Market Time of Units Sold: 3 +122.08%
Total Units Currently Active: 342 days
Avg. Mkt. Time of Currently Active Units: -7.14%
26 -0.78%
382 days
Units Sold Median Price
One Year Trend One Year Trend
4.5 $3,500,000
4 $3,000,000
$2,500,000
4 $2,000,000
$1,500,000
3.5 33 3 3 $1,000,000
3 $500,000
$0
2.5 2
2
1.5 1 11 1
1
0.5 00
00
Source: Midwest Real Estate Data (MRED / MLS)