Page 2 - The Owen Report for January 2025
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Owen Report







                             The High-End SINGLE FAMILY HOME Market

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

                                          As of Friday, January 31, 2025




                     Monthly Statistics for Sales, $1.5M+                           % +/- Since Last Month

            Average Price:                               $3,375,000               N/A (no sales in December)
            Median Price:                                $3,375,000               N/A (no sales in December)
            Maximum Price:                               $5,200,000               N/A (no sales in December)
            Total Sales Volume:                          $6,750,000               N/A (no sales in December)
            Total Units Sold:                                     2               N/A (no sales in December)
            Avg. Mkt. Time of Units Sold:                  506 days               N/A (no sales in December)
            Total Units Currently Active:                       27                          -3.57%
            Avg. Mkt. Time of Currently Active Units:      410 days                         -16.67%



                      Units Sold                                                  Median Price

                 One Year Trend                                                One Year Trend
     3.5
           3      3                                              $5,000,000
      3
     2.5                                                         $4,000,000
               2          2  2   2   2        2         2
      2
                                                                 $3,000,000
     1.5
                       1                  1                      $2,000,000
      1
     0.5                                                         $1,000,000
                                                 0   0
      0                                                                $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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