Page 6 - The Owen Report for August 2020 with Notable Property 1555 N Astor #19W
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Monday, August 31, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,090,565 -21.11%
Median Price: $870,000 -13.00%
Maximum Price: $4,200,000 -41.67%
Total Sales Volume: $51,256,575 +3.00%
Total Units Sold: 47 +30.56%
Average Market Time of Units Sold: 177 days -4.32%
Total Units Currently Active: 608 +6.48%
Avg. Mkt. Time of Currently Active Units: 211 days -2.76%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
$1,700,000
58
60
50 47 46 47 $1,500,000
40 34 36
31 30 33 $1,300,000
30 26 27 27
20 $1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
