Page 6 - The Owen Report for December 2017
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, December 31, 2017
Monthly Statistics for December Sales, $700k+ % +/- Since Last Month
Average Price: $1,277,674 -3.18%
Median Price: $989,950 -0.13%
Maximum Price: -14.07%
Total Sales Volume: $3,695,000 +4.89%
Total Units Sold: $66,439,072 +8.33%
Average Market Time of Units Sold: +0.85%
Total Units Currently Active: 52 -7.53%
Avg. Mkt. Time of Currently Active Units: 119 days +9.43%
356
232 days
Units Sold Median Price
One Year Trend One Year Trend
80 $1,500,000
$1,300,000
70 46 52 $1,100,000
58 42 41 48
$900,000
60 52 49 48 31 $700,000
50
39
40 33 36
30
20
10
Source: Midwest Real Estate Data (MRED / MLS)
