Page 6 - Owen Report for December 2018 Activity
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Monday, December 31, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,922,627 +32.31%
Median Price: $1,200,000 +14.29%
Maximum Price: $6,933,698 +10.39%
Total Sales Volume: $67,291,940 +25.15%
Total Units Sold: -5.41%
Average Market Time of Units Sold: 35 -44.78%
Total Units Currently Active: 127 days -1.79%
Avg. Mkt. Time of Currently Active Units: +0.45%
383
225 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 64 66 $1,300,000
60 52 $1,100,000
50 54
40 54 50 48 $900,000
30 $700,000
20 41
10 37 35
24 27
Source: Midwest Real Estate Data (MRED / MLS)
