Page 6 - The Owen Report for October 2025
P. 6

Owen Report







                                   The High-End CONDOMINIUM Market

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

                                          As of Friday, October 31, 2025




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

            Average Price:                               $1,572,163                         -10.59%
            Median Price:                                $1,285,000                         -17.10%
            Maximum Price:                               $3,200,000                         -11.11%
            Total Sales Volume:                        $29,871,102                          -46.91%
            Total Units Sold:                                   19                          -40.63%
            Average Market Time of Units Sold:              75 days                         -52.23%
            Total Units Currently Active:                      174                          -13.86%
            Avg. Mkt. Time of Currently Active Units:      222 days                         +9.36%




                          Units Sold                                              Median Price
                     One Year Trend                                            One Year Trend
     60                                                        $1,900,000
                                  50
     50                                                        $1,700,000

     40      34                       35            32
         29                    30         31 28  31            $1,500,000
     30              25
                 22      22
                                                       19      $1,300,000
     20
     10                                                        $1,100,000

      0                                                          $900,000




                                       Source: Midwest Real Estate Data (MRED / MLS)
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