Page 6 - Owen Report June 2025
P. 6
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)