Page 6 - The Owen Report for April 2020
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, April 30, 2020
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,089,533 -29.97%
Median Price: $977,500 -2.25%
Maximum Price: $2,020,000 -67.68%
Total Sales Volume: $21,790,650 -48.13%
Total Units Sold: 20 -25.93%
Average Market Time of Units Sold: 177 days +6.63%
Total Units Currently Active: 424 +7.07%
Avg. Mkt. Time of Currently Active Units: 240 days -5.14%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,900,000
70
$1,700,000
60 58 58
50 50
50 47 46 $1,500,000
49
40 34 31 $1,300,000
30
30 27
26 20 $1,100,000
20
10 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
