Page 6 - Owen Report July 2018
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Tuesday, July 31, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,845,707 +22.08%
Median Price: $1,156,500 +9.72%
Maximum Price: $6,250,000 -21.88%
Total Sales Volume: $92,285,361 -7.52%
Total Units Sold: -24.24%
Average Market Time of Units Sold: 50 +34.92%
Total Units Currently Active: 170 days +1.23%
Avg. Mkt. Time of Currently Active Units: +4.81%
494
196 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 $1,300,000
60 52 64 66 $1,100,000
50 46 54 50
40
30 48
20
10 42 41
31 27 $900,000
24
$700,000
Source: Midwest Real Estate Data (MRED / MLS)
