Page 6 - The Owen Report for May 2017
P. 6
Owen Report
The High-End Condominium Market
Chicago's GOLD COAST / STREETERVILLE Area
As of Wednesday, May 31, 2017
Monthly Statistics for May Sales, $700k+ % +/- Since Last Month
Average Price: $1,368,851 -0.31%
Median Price: $1,050,000 -17.97%
Maximum Price: $4,260,000 +6.50%
Total Sales Volume: $65,704,850 -2.35%
Total Units Sold: -2.04%
Average Market Time of Units Sold: 48 -9.90%
Total Units Currently Active: 91 days +4.80%
Avg. Mkt. Time of Currently Active Units: +2.98%
437
173 days
Units Sold Median Price
One Year Trend One Year Trend
80 76 $1,500,000
$1,300,000
70 $1,100,000
60 57 52 49 48 $900,000
54 48 47 39 33 36 $700,000
50 32 29
40
30
20
10
Source: Midwest Real Estate Data (MRED / MLS)
