Page 2 - The Owen Report for February 2025
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, February 28, 2025
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $3,000,000 -11.11%
Median Price: $3,000,000 -11.11%
Maximum Price: $3,000,000 -42.31%
Total Sales Volume: $3,000,000 -55.56%
Total Units Sold: 1 -50.00%
Avg. Mkt. Time of Units Sold: 293 days -42.09%
Total Units Currently Active: 22 -18.52%
Avg. Mkt. Time of Currently Active Units: 400 days -2.44%
Units Sold Median Price
One Year Trend One Year Trend
3.5
3 $5,000,000
3
2.5 $4,000,000
2 2 2 2 2 2 2
2
$3,000,000
1.5
1 1 $2,000,000
1
1
0.5 $1,000,000
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
