Page 6 - The Owen Report for December 2020 with Notable Property 1325 N. Astor #4
P. 6

Owen Report








                                        The High-End CONDOMINIUM Market

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


                                            As of Thursday, December 31, 2020




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


             Average Price:                                     $1,205,523                             +9.48%
             Median Price:                                      $1,075,000                              -1.15%
             Maximum Price:                                     $2,600,000                             +44.44%
             Total Sales Volume:                              $39,782,250                              +50.53%
             Total Units Sold:                                          33                             +37.50%
             Average Market Time of Units Sold:                   181 days                             -17.35%
             Total Units Currently Active:                             459                             -11.05%
             Avg. Mkt. Time of Currently Active Units:            262 days                             +11.02%





                             Units Sold                                                         Median Price
                        One Year Trend                                                       One Year Trend

      80
                                                                           $1,600,000
      70
      60
                                                                           $1,400,000
                                            47
      50
                                                     40
      40  34                        33   36                    33          $1,200,000
                31   30          27               27
      30                27                                24
                             20                                            $1,000,000
      20
      10                                                                     $800,000






                                            Source: Midwest Real Estate Data (MRED / MLS)
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