Page 6 - The Owen Report for February 2020
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, February 29, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,439,763 +18.06%
Median Price: $1,221,950 +25.33%
Maximum Price: $3,900,000 +23.20%
Total Sales Volume: $43,192,900 +14.25%
Total Units Sold: 30 -3.23%
Average Market Time of Units Sold: 118 days +17.53%
Total Units Currently Active: 446 +3.24%
Avg. Mkt. Time of Currently Active Units: 243 days -6.46%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
58 58 $1,700,000
60
49 50 50 47
50 46 $1,500,000
40 34 31 $1,300,000
30 26 30
30 24
$1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
