Property prices for sale in Ridgeland (Mississippi)
The prices in real estate in Ridgeland, in the Mississippi region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Ridgeland has increased during the last 6 months. In October, the average price per sq.feet was $228. In November this price pretty much remained the same at a value of $229 per sq.feet. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 142 % 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 $213.25 to $303 during February, and March.
Based upon to the price in Ridgeland (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $465,711. During November the price went through a considerable rise reaching $543,984. In the following two months the average price has remained the same with regard to the previous two months from $504,847.5 to $485,327. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $539,958 they are 77 % more affordable than the average price for Ridgeland. The properties with the lowest average price have 1 bedroom, Their price is 13 % cheaper than the average. After that we have properties with 4 bedrooms priced at $126,839.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $833 / sq.feet, with an average $390 / sq.feet price in Ridgeland. The properties with the highest average prices have 4 bedrooms. They are 138 % more expensive than the average followed by properties with 1 bedroom with a price at $833 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $539,958 it is 77 % cheaper than the average price in Ridgeland. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of $126,839 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $94 / sq.feet followed by "Office" priced at $923 / sq.feet. "Apartment" is the most costly type of property with a $928 / sq.feet cost followed by "Office" with an average price of $923 / sq.feet.
