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)