Page 6 - Owen Report for November 2018
P. 6

Owen Report

                       The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                            As of Friday, November 30, 2018

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

          Average Price:                              $1,453,160                      -17.35%
          Median Price:                               $1,050,000                      -12.50%
          Maximum Price:                              $6,280,938                       -4.05%
          Total Sales Volume:                        $53,766,938                      -25.41%
          Total Units Sold:                                                            -9.76%
          Average Market Time of Units Sold:                     37                   +78.29%
          Total Units Currently Active:                  230 days                     -11.76%
          Avg. Mkt. Time of Currently Active Units:                                    +7.18%
                                                                390
                                                         224 days

                  Units Sold                                                 Median Price
              One Year Trend                                               One Year Trend

80                78                                           $1,500,000
70                                                             $1,300,000
60                           66                                $1,100,000

      48  52             64           54                         $900,000
50        24  54                 50 48                           $700,000
40
30                                                   41
20                                                         37
10
              27

                             Source: Midwest Real Estate Data (MRED / MLS)
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