Page 6 - The Owen Report for August 2017
P. 6

Owen Report

             The High-End Condominium Market
    Chicago's GOLD COAST / STREETERVILLE Area

                 As of Thursday, August 31, 2017

          Monthly Statistics for August Sales, $700k+                     % +/- Since Last Month

    Average Price:                              $1,344,078                           -1.34%
    Median Price:                               $1,112,500                           -2.41%
    Maximum Price:                              $4,550,000                          +13.75%
    Total Sales Volume:                        $56,451,261                           -9.92%
    Total Units Sold:                                                                -8.70%
    Average Market Time of Units Sold:                     42
    Total Units Currently Active:                    97 days                            0%
    Avg. Mkt. Time of Currently Active Units:                                        +4.49%
                                                          465                        +2.25%
                                                   182 days

                   Units Sold                                        Median Price
               One Year Trend                                      One Year Trend

80                                                     $1,500,000
                                                       $1,300,000
70                                                     $1,100,000

60                                   58                  $900,000
50 48 47                                                 $700,000
                           52 49 48            46 42

40        32 29  39 33 36

30

20

10

                           Source: Midwest Real Estate Data (MRED / MLS)
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