Page 6 - Owen Report June 2025
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Owen Report








                                        The High-End CONDOMINIUM Market

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


                                                 As of Monday, June 30, 2025




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


              Average Price:                                     $1,889,161                              +7.60%
              Median Price:                                      $1,450,000                              -1.36%
              Maximum Price:                                     $5,170,000                             +14.89%
              Total Sales Volume:                               $58,564,005                              -4.70%
              Total Units Sold:                                           31                            -11.43%
              Average Market Time of Units Sold:                   112 days                             -31.28%
              Total Units Currently Active:                             196                              +0.51%
              Avg. Mkt. Time of Currently Active Units:            215 days                              +2.43%





                              Units Sold                                                     Median Price
                         One Year Trend                                                    One Year Trend

       60                                                                $1,900,000
                                                      50
       50
                                                                         $1,700,000
       40                          34                       35
            29      32  30 29                    30            31        $1,500,000
       30                                 25
                21                    22      22
                                                                         $1,300,000
       20

       10                                                                $1,100,000

        0                                                                 $900,000





                                             Source: Midwest Real Estate Data (MRED / MLS)
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