Page 6 - Owen Report April 2019
P. 6

Owen Report

                       The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                               As of Tuesday, April 30, 2019

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

          Average Price:                                  $1,721,127                  -8.27%
          Median Price:                                   $1,250,000                 +23.46%
          Maximum Price:                                  $6,462,538                 -42.68%
          Total Sales Volume:                            $99,825,360                 +77.35%
          Total Units Sold:                                                          +93.33%
          Average Market Time of Units Sold:                         58              +11.30%
          Total Units Currently Active:                      164 days                 +5.87%
          Avg. Mkt. Time of Currently Active Units:                                  -11.96%
                                                                    541
                                                             184 days

      78             Units Sold                                            Median Price
80               One Year Trend                                          One Year Trend
70
60        64 66                                              $1,500,000
50                                                           $1,300,000
40                      54                               58  $1,100,000
30               50 48
20                                                             $900,000
10                          41                       30        $700,000
                                 37 35

                                        24 24

                            Source: Midwest Real Estate Data (MRED / MLS)
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