The prices in real estate in Park 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 Park Ridge has remained the same in the last 6 months. In December, the average price per sq.feet was $249. In January this price pretty much remained the same at a value of $243 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $246 to $240 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 $243 to $247 during April y May
Based upon to the price in Park Ridge (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $567,183. In January This price remains at $564,886. During the following two months (February, March) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $572,490 they are 77 % more affordable than the average price for Park Ridge. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $444,186.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $154 / sq.feet, with an average $244 / sq.feet price in Park Ridge. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $572,490 it is 47 % cheaper than the average price in Park Ridge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $594,105 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $197 / sq.feet followed by "Townhouse" priced at $238 / sq.feet. "Office" is the most costly type of property with a $1,995 / sq.feet cost followed by "House" with an average price of $268 / sq.feet.