Page 6 - The Owen Report for August 2025
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Sunday, August 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,835,774 +1.09%
Median Price: $1,425,000 +8.78%
Maximum Price: $4,400,000 -32.57%
Total Sales Volume: $56,909,000 +11.92%
Total Units Sold: 31 +10.71%
Average Market Time of Units Sold: 93 days -32.61%
Total Units Currently Active: 202 +6.88%
Avg. Mkt. Time of Currently Active Units: 198 days -5.71%
Units Sold Median Price
One Year Trend One Year Trend
60 $1,900,000
50
50 $1,700,000
40 35
32 30 34 31 31
29 30 28 $1,500,000
30 22 25
22
$1,300,000
20
10 $1,100,000
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
