Page 6 - The Owen Report for July 2025
P. 6
Owen Report
The High-End CONDOMINIUM 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: $1,815,927 -3.88%
Median Price: $1,310,000 -9.66%
Maximum Price: $6,525,000 +26.21%
Total Sales Volume: $50,845,950 -13.18%
Total Units Sold: 28 -9.68%
Average Market Time of Units Sold: 138 days +23.21%
Total Units Currently Active: 189 -3.57%
Avg. Mkt. Time of Currently Active Units: 210 days -2.33%
Units Sold Median Price
One Year Trend One Year Trend
60 $1,900,000
50
50 $1,700,000
40 32 34 35
30 29 30 31 28 $1,500,000
30 25
21 22 22
$1,300,000
20
10 $1,100,000
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
