The prices in real estate in Ridge, in the New York 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 Ridge has remained the same in the last 6 months. In October, the average price per sq.feet was $229. In November this price pretty much remained the same at a value of $233 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $231 to $237 per sq.feet. The price per sq.feet has increased 105 % 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 $234 to $246.5 during February, and March.
Based upon to the price in Ridge (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $346,802. In November This price remains at $336,975. During the following two months (December, January) the price has had an average incrementation from $341,888.5 to $382,306.5. 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 $395,129 they are 55 % more affordable than the average price for Ridge. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $394,858.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $206 / sq.feet, with an average $259 / sq.feet price in Ridge. The properties with the lowest average prices have 2 bedrooms. They are 9 % cheaper than the average followed by properties with 3 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $395,129 it is 27 % cheaper than the average price in Ridge. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $289,064 it is 32 % 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 $216 / sq.feet followed by "House" priced at $249 / sq.feet. "House" is the cheapest type of property with a $249 / sq.feet value followed by "Condo" with an average price of $216 / sq.feet.