Page 6 - The Owen Report for June 2017
P. 6
Owen Report
The High-End Condominium Market
Chicago's GOLD COAST / STREETERVILLE Area
As of Friday, June 30, 2017
Monthly Statistics for May Sales, $700k+ % +/- Since Last Month
Average Price: $1,376,155 +0.53%
Median Price: $1,000,000 -4.76%
Maximum Price: $4,375,000 +2.70%
Total Sales Volume: $79,817,000 +21.48%
Total Units Sold: +20.83%
Average Market Time of Units Sold: 58 +27.47%
Total Units Currently Active: 116 days +1.83%
Avg. Mkt. Time of Currently Active Units: +1.73%
445
176 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 58 $900,000
50 48 47 $700,000
52 49 48
40 39 36
32 33
30 29
20
10
Source: Midwest Real Estate Data (MRED / MLS)