Property prices for sale in Chicago Ridge (Illinois)
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 October, the average price per sq.feet was $174. In November this price pretty much remained the same at a value of $175 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $174.5 to $166 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 $170.25 to $175 during February y March
Based upon to the price in Chicago Ridge (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $233,952. In November This price remains at $224,840. During the following two months (December, January) the price has had an average incrementation from $229,396 to $242,972.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $323,712 they are 65 % more affordable than the average price for Chicago Ridge. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $292,085.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $155 / sq.feet, with an average $172 / sq.feet price in Chicago Ridge. The properties with the highest average prices have 3 bedrooms. They are 38 % more expensive than the average followed by properties with 4 bedrooms with a price at $218 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $323,712 it is 67 % cheaper than the average price in Chicago Ridge. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $340,734 it is 6 % 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 $24 / sq.feet followed by "Condo" priced at $147 / sq.feet. "House" is the most costly type of property with a $199 / sq.feet cost followed by "Detached House" with an average price of $169 / sq.feet.
