Page 4 - The Owen Report for February 2025
P. 4
Owen Report
The High-End COOPERATIVE Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, February 28, 2025
Monthly Statistics for Sales, $1M+ % +/- Since Last Month
Average Price: $1,550,000 N/A (no sales in January)
Median Price: $1,550,000 N/A (no sales in January)
Maximum Price: $1,550,000 N/A (no sales in January)
Total Sales Volume: $1,550,000 N/A (no sales in January)
Total Units Sold: 2 N/A (no sales in January)
Average Market Time of Units Sold: 144 days N/A (no sales in January)
Total Units Currently Active: 14 +16.67%
Avg. Mkt. Time of Currently Active Units: 256 days -14.38%
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 1 $4,000,000
1 $3,000,000
$2,000,000
0.5
$1,000,000
0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
