Page 3 - The Owen Report for March 2025 with cover
P. 3
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Monday, March 31, 2025
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,263,000 +8.77%
Median Price: $2,700,000 -10.00%
Maximum Price: $6,650,000 +121.67%
Total Sales Volume: $19,578,000 +552.60%
Total Units Sold: 6 +500.00%
Avg. Mkt. Time of Units Sold: 501 days +70.99%
Total Units Currently Active: 25 +13.64%
Avg. Mkt. Time of Currently Active Units: 340 days -15.00%
Units Sold Median Price
One Year Trend One Year Trend
7
6 $5,000,000
6
5 $4,000,000
4 $3,000,000
3
3
2 2 2 2 2 2 $2,000,000
2
1 1
1 $1,000,000
1
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
