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)