Page 2 - The Owen Report for July 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 Thursday, July 31, 2025




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

            Average Price:                               $2,488,750                         -51.98%
            Median Price:                                $2,477,500                         -52.19%
            Maximum Price:                               $3,050,000                         -57.43%
            Total Sales Volume:                          $9,955,000                         -3.96%
            Total Units Sold:                                     4                        +100.00%
            Avg. Mkt. Time of Units Sold:                  104 days                         -71.35%
            Total Units Currently Active:                       25                         +13.64%
            Avg. Mkt. Time of Currently Active Units:      374 days                         -2.09%



                      Units Sold                                                  Median Price

                 One Year Trend                                                One Year Trend
     8
                                            7
     7                                                           $5,000,000
                                      6
     6                                                           $4,000,000
     5
                                                        4        $3,000,000
     4
     3                                                           $2,000,000
         2   2      2           2                2   2
     2
                 1                    1                          $1,000,000
     1
                         0  0
     0                                                                 $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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