Page 6 - Owen Report March 2019
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, March 31, 2019
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,876,277 +16.16%
Median Price: $1,012,500 -25.69%
Maximum Price: $11,274,395 +160.49%
Total Sales Volume: $56,288,318 +45.20%
Total Units Sold: +25.00%
Average Market Time of Units Sold: 30 +11.30%
Total Units Currently Active: 197 days +11.57%
Avg. Mkt. Time of Currently Active Units: -11.96%
511
184 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 64 66 $1,300,000
60 54 $1,100,000
50 50 54 48
40 41 $900,000
30 37 35
20 30
10
24 24
$700,000
Source: Midwest Real Estate Data (MRED / MLS)
