Property prices for sale in Park Ridge (Illinois)

The prices in real estate in Park Ridge, in the Illinois region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$515,964.5
Average price last 6 months
$316.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Park Ridge has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $632. In the following month the price per sq.feet decreased considerably to $249. The price for the following two months in (July, August) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $354 to $241 during September, and October.

Average price

Based upon to the price in Park Ridge (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $455,357. During June the price went through a considerable rise reaching $553,390. In the following two months the average price has remained the same with regard to the previous two months from $504,373.5 to $502,079. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $552,294 they are 71 % more affordable than the average price for Park Ridge. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $429,014.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $174 / sq.feet, with an average $237 / sq.feet price in Park Ridge. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $236 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $552,294 it is 36 % cheaper than the average price in Park Ridge. "Land" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $529,879 it is 17 % 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 $222 / sq.feet followed by "Land" priced at $240 / sq.feet. "Office" is the most costly type of property with a $2,050 / sq.feet cost followed by "House" with an average price of $246 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Park Ridge
Number of properties used in region Illinois
$552,294
$237
2,596
611,866
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Apex, Nc. 4 Bed, 2 Bath
 2
Brand New Home In Apex, Nc. 4 Bed, 2 Bath
$356,290
Apex, North Carolina - For Sale - House - 2,274 sq.feet - 4 bedrooms - 3 bathrooms
Homes, and is located in the community of the park at mckenzie ridge at 2917 murray ridge trail, apex, nc-27502. This inventory home is priced at $356,290 and has...
Brand New Home In Apex, Nc. 4 Bed, 2 Bath
 2
Brand New Home In Apex, Nc. 4 Bed, 2 Bath
$348,990
Apex, North Carolina - For Sale - House - 2,151 sq.feet - 4 bedrooms - 3 bathrooms
Homes, and is located in the community of the park at mckenzie ridge at 2918 malvina... 2 baths, 1 half baths, is 2,151 square feet, and has a 2-car garage. The park at mckenzie...
Brand New Home In Apex, Nc. 4 Bed, 3 Bath
 2
Brand New Home In Apex, Nc. 4 Bed, 3 Bath
$367,965
Apex, North Carolina - For Sale - House - 2,548 sq.feet - 4 bedrooms - 3 bathrooms
Homes, and is located in the community of the park at mckenzie ridge at 2213 gregor... 4 bedrooms, 3 baths, is 2,548 square feet, and has a 2-car garage. The park at mckenzie...
Brand New Home In Shakopee, Mn. 4 Bed, 3 Bath
 30
Brand New Home In Shakopee, Mn. 4 Bed, 3 Bath
$419,990
Shakopee, Minnesota - For Sale - House - 2,271 sq.feet - 4 bedrooms - 3 bathrooms
And is located in the community of the ridge creek at 7574 waterlily way, shakopee, mn... And has 4 bedrooms, 3 baths, is 2,271 square feet, and has a 3-car garage. The ridge...
Brand New Home In Shakopee, Mn. 4 Bed, 3 Bath
 31
Brand New Home In Shakopee, Mn. 4 Bed, 3 Bath
$489,990
Shakopee, Minnesota - For Sale - House - 2,692 sq.feet - 4 bedrooms - 3 bathrooms
In the community of the ridge creek at 7207 oak ridge trail (m), shakopee, mn-55379. Special... 4 bedrooms, 3 baths, is 2,692 square feet, and has a 3-car garage. The ridge creek...