Page 4 - The Owen Report for April 2025
P. 4

Owen Report







                                   The High-End COOPERATIVE Market

          Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area

                                        As of Wednesday, April 30, 2025




                      Monthly Statistics for Sales, $1M+                            % +/- Since Last Month

            Average Price:                               $1,187,500                 N/A (no sales in March)
            Median Price:                                $1,187,500                 N/A (no sales in March)
            Maximum Price:                               $1,350,000                 N/A (no sales in March)
            Total Sales Volume:                          $2,375,000                 N/A (no sales in March)
            Total Units Sold:                                     2                 N/A (no sales in March)
            Average Market Time of Units Sold:             163 days                 N/A (no sales in March)
            Total Units Currently Active:                         9                         -10.00%
            Avg. Mkt. Time of Currently Active Units:      311 days                         +4.01%


                          Units Sold                                               Median Price
                     One Year Trend                                             One Year Trend

     2.5                                                        $8,000,000
            2      2  2           2               2     2       $7,000,000
       2
                                                                $6,000,000

     1.5                                                        $5,000,000
                1           1  1      1   1                     $4,000,000
       1                                                        $3,000,000

                                                                $2,000,000
     0.5
                                                                $1,000,000
                                              0      0
       0                                                               $0




                                       Source: Midwest Real Estate Data (MRED / MLS)
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