Page 2 - The Owen Report for April 2025
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Wednesday, April 30, 2025
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,879,286 -11.76%
Median Price: $2,330,000 -13.70%
Maximum Price: $6,750,000 +1.50%
Total Sales Volume: $20,155,000 +2.95%
Total Units Sold: 7 +16.67%
Avg. Mkt. Time of Units Sold: 464 days +70.99%
Total Units Currently Active: 23 -8.00%
Avg. Mkt. Time of Currently Active Units: 375 days -15.00%
Units Sold Median Price
One Year Trend One Year Trend
8
7
7 $5,000,000
6
6 $4,000,000
5
$3,000,000
4
3 $2,000,000
2 2 2 2 2 2
2
1 1 1 $1,000,000
1
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
