Page 4 - Owen Report for October 2018
P. 4

Owen Report

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

                          As of Wednesday, October 31, 2018

                     Monthly Statistics for Sales, $1M+                                    % +/- Since Last Month

Average Price:                                                           $1,422,500                  -13.53%
Median Price:                                                            $1,422,500                   -0.18%
Maximum Price:                                                           $1,700,000                  -32.00%
Total Sales Volume:                                                      $2,845,000                  -42.35%
Total Units Sold:                                                                                    -33.33%
Average Market Time of Units Sold:                                                   2              +171.43%
Total Units Currently Active:                                              950 days                  -20.69%
Avg. Mkt. Time of Currently Active Units:                                                             +2.86%
                                                                                    23
                                                                           395 days

                         Units Sold                                                          Median Price
                     One Year Trend                                                        One Year Trend

4.5                                                                         $3,500,000
                                                               4            $3,000,000
                                                                            $2,500,000
  4                                                                         $2,000,000
                                                                            $1,500,000
3.5                                                                  33     $1,000,000
                  3
                                                                              $500,000
  3                                                                                    $0

2.5 2 2                                                                  2
  2

1.5                  1 11                                         1
  1                                                  0

0.5
            0

  0

                     Source: Midwest Real Estate Data (MRED / MLS)
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