Page 4 - The Owen Report for May 2025
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, May 31, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,100,000 -7.37%
Median Price: $1,100,000 -7.37%
Maximum Price: $1,300,000 -3.70%
Total Sales Volume: $3,300,000 +38.95%
Total Units Sold: 3 +50.00%
Average Market Time of Units Sold: 5 days -96.93%
Total Units Currently Active: 9 0%
Avg. Mkt. Time of Currently Active Units: 355 days +14.15%
Units Sold Median Price
One Year Trend One Year Trend
3.5 $8,000,000
3
3 $7,000,000
2.5 $6,000,000
2 2 2 2 2 $5,000,000
2
$4,000,000
1.5
1 1 1 1 1 $3,000,000
1
$2,000,000
0.5 $1,000,000
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
