Page 6 - The Owen Report for November 2017
P. 6
Owen Report
The High-End Condominium Market
Chicago's GOLD COAST / MICHIGAN AVENUE Area
As of Thursday, November 30, 2017
Monthly Statistics for November Sales, $700k+ % +/- Since Last Month
Average Price: $1,319,625 -12.94%
Median Price: $991,250 -17.40%
Maximum Price: +16.22%
Total Sales Volume: $4,300,000 +34.81%
Total Units Sold: $63,342,000 +54.84%
Average Market Time of Units Sold: +8.26%
Total Units Currently Active: 48 -7.67%
Avg. Mkt. Time of Currently Active Units: 118 days +3.92%
385
212 days
Units Sold Median Price
One Year Trend One Year Trend
80 $1,500,000
$1,300,000
70 $1,100,000
60 52 58 $900,000
$700,000
50 49 48 46 48
42 41
39 36
40 29 33 31
30
20
10
Source: Midwest Real Estate Data (MRED / MLS)
