The prices in real estate in Chicago Ridge, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Chicago Ridge has remained the same in the last 6 months. In September, the average price per sq.feet was $166. In October this price pretty much remained the same at a value of $168 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167 to $161.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $164.25 to $161.5 during January y February
Based upon to the price in Chicago Ridge (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $220,486. In October This price remains at $219,657. During the following two months (November, December) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $206,574 to $192,914 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $203,099 they are 53 % more affordable than the average price for Chicago Ridge. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 3 bedrooms priced at $316,782.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $120 / sq.feet, with an average $163 / sq.feet price in Chicago Ridge. The properties with the highest average prices have 3 bedrooms. They are 39 % more expensive than the average followed by properties with 4 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $203,099 it is 46 % cheaper than the average price in Chicago Ridge. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $255,709 it is 50 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $37 / sq.feet followed by "Townhouse" priced at $142 / sq.feet. "House" is the most costly type of property with a $211 / sq.feet cost followed by "Condo" with an average price of $145 / sq.feet.