Page 2 - The Owen Report for July 2025
P. 2
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)