Page 2 - The Owen Report for December 2017
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, December 31, 2017
Monthly Statistics for December Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,106,270 -9.83%
Median Price: $3,061,310 -11.14%
Maximum Price: $3,800,000 -9.52%
Total Sales Volume: $9,318,810 +35.25%
Total Units Sold: +50.00%
Avg. Mkt. Time of Units Sold: 3 +977.78% (from 81 days)
Total Units Currently Active: 873 days -17.65%
Avg. Mkt. Time of Currently Active Units: +6.54%
28
277 days
Units Sold Median Price
One Year Trend
One Year Trend
$5,000,000
4.5 $4,000,000
44 $3,000,000
$2,000,000
3.5 3 3 $1,000,000
3
$0
2.5 22 22 22
2
1.5 1 1
1
0.5 0 0
0
Source: Midwest Real Estate Data (MRED / MLS)
