Page 6 - The Owen Report for June 2020
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, June 30, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,360,597 -4.06%
Median Price: $975,000 -2.45%
Maximum Price: $3,695,000 -56.01%
Total Sales Volume: $44,899,700 +17.26%
Total Units Sold: 33 +22.22%
Average Market Time of Units Sold: 218 days +6.86%
Total Units Currently Active: 561 +13.33%
Avg. Mkt. Time of Currently Active Units: 218 days -5.63%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
58 $1,700,000
60
50 50 47
50 46 $1,500,000
40 34 33 $1,300,000
31 30
30 26 27 27
20 $1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
