Page 2 - The Owen Report for May 2025
P. 2
Owen Report
The High-End SINGLE FAMILY HOME Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Saturday, May 31, 2025
Monthly Statistics for Sales, $1.5M+ % +/- Since Last Month
Average Price: $2,325,000 -19.25%
Median Price: $2,325,000 -0.21%
Maximum Price: $2,325,000 -65.56%
Total Sales Volume: $4,650,000 -76.93%
Total Units Sold: 2 -71.43%
Avg. Mkt. Time of Units Sold: 136 days -70.69%
Total Units Currently Active: 23 0%
Avg. Mkt. Time of Currently Active Units: 336 days -10.40%
Units Sold Median Price
One Year Trend One Year Trend
8
7
7 $5,000,000
6
6 $4,000,000
5
$3,000,000
4
3 $2,000,000
2 2 2 2 2 2 2
2
1 1 $1,000,000
1
0 0
0 $0
Source: Midwest Real Estate Data (MRED / MLS)
