Page 4 - The Owen Report for July 2025
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Thursday, July 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,681,250 +12.08%
Median Price: $1,650,000 +10.00%
Maximum Price: $2,225,000 +48.33%
Total Sales Volume: $6,725,000 +348.33%
Total Units Sold: 4 +300.00%
Average Market Time of Units Sold: 117 days -20.41%
Total Units Currently Active: 7 -12.50%
Avg. Mkt. Time of Currently Active Units: 484 days +24.42%
Units Sold Median Price
One Year Trend One Year Trend
4.5 $8,000,000
4
4 $7,000,000
3.5
3 $6,000,000
3
$5,000,000
2.5
2 2 2 2 $4,000,000
2
$3,000,000
1.5
1 1 1 1 1
1 $2,000,000
0.5 $1,000,000
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
