Page 6 - Owen Report for October 2018
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, October 31, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,758,164 +17.47%
Median Price: $1,200,000 +15.38%
Maximum Price: $6,546,000 +1.52%
Total Sales Volume: $72,084,733 +0.34%
Total Units Sold: -14.58%
Average Market Time of Units Sold: 41 +37.23%
Total Units Currently Active: 129 days -9.61%
Avg. Mkt. Time of Currently Active Units: +3.47%
442
209 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 66 $1,300,000
60 $1,100,000
50 48 64 54
40 31 52 54 50 48 $900,000
30 $700,000
20 41
10
24 27
Source: Midwest Real Estate Data (MRED / MLS)
