Page 6 - The Owen Report for January 2026
P. 6

Owen Report







                                   The High-End CONDOMINIUM Market

           Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                          As of Sunday, January 31, 2026




                       Monthly Statistics for Sales, $1M+                           % +/- Since Last Month

            Average Price:                               $1,586,146                         -10.28%
            Median Price:                                $1,425,000                          -3.06%
            Maximum Price:                               $3,725,000                         -13.37%
            Total Sales Volume:                         $38,067,500                         -38.48%
            Total Units Sold:                                    24                         -31.43%
            Average Market Time of Units Sold:             135 days                          -5.59%
            Total Units Currently Active:                       126                          -5.97%
            Avg. Mkt. Time of Currently Active Units:      262 days                         +0.77%




                          Units Sold                                              Median Price
                      One Year Trend                                            One Year Trend

      60                                                        $1,900,000
                      50
      50
                                                                $1,700,000
      40                  35                        35
               30             31      31  32                    $1,500,000
      30  25  22                 28             20      24
                                             19                 $1,300,000
      20

      10                                                        $1,100,000

       0                                                         $900,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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