Page 6 - The Owen Report for April 2025
P. 6
Owen Report
The High-End CONDOMINIUM 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: $2,095,898 +11.49%
Median Price: $1,477,944 +1.75%
Maximum Price: $8,500,000 -16.05%
Total Sales Volume: ########## +85.82%
Total Units Sold: 50 +66.67%
Average Market Time of Units Sold: 195 days +7.14%
Total Units Currently Active: 211 +6.03%
Avg. Mkt. Time of Currently Active Units: 206 days +4.57%
Units Sold Median Price
One Year Trend One Year Trend
60 $1,900,000
50
50 $1,700,000
38
40
30 32 29 34 30 $1,500,000
30 25 29 25
22 22
21 $1,300,000
20
10 $1,100,000
0 $900,000
Source: Midwest Real Estate Data (MRED / MLS)
