Page 6 - The Owen Report for October 2020 with Notable Sale 1555 N Astor #19W
P. 6

Owen Report








                                       The High-End CONDOMINIUM Market

           Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area


                                             As of Saturday, October 31, 2020




                        Monthly Statistics for Sales, $700k+                                  % +/- Since Last Month


             Average Price:                                     $1,360,258                              -0.57%
             Median Price:                                       $897,500                              -18.41%
             Maximum Price:                                     $5,000,000                             +19.05%
             Total Sales Volume:                              $54,410,300                              +47.30%
             Total Units Sold:                                          40                             +48.15%
             Average Market Time of Units Sold:                   210 days                             +85.84%
             Total Units Currently Active:                             576                              -6.49%
             Avg. Mkt. Time of Currently Active Units:            225 days                             +10.84%





                             Units Sold                                                        Median Price
                        One Year Trend                                                      One Year Trend

      80
                                                                          $1,600,000
      70
      60
                                                                          $1,400,000
      50  46                                         47
                                                               40
      40             34                     33   36                       $1,200,000
                        31   30
      30                         27      27
                 26                 20                       27           $1,000,000
      20
      10                                                                   $800,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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