Property prices for sale in Ridgeland (Mississippi)
The prices in real estate in Ridgeland, in the Mississippi 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 Ridgeland has remained the same in the last 6 months. In November, the average price per sq.feet was $229. In December this price pretty much remained the same at a value of $222 per sq.feet. The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 137 % 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 $210.25 to $289 during March, and April.
Based upon to the price in Ridgeland (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $543,984. In December This price remains at $534,268. During the following two months (January, February) the average price fell 91 % 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 108 % 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 $570,901 they are 78 % more affordable than the average price for Ridgeland. The properties with the lowest average price have 3 bedrooms, Their price is 59 % cheaper than the average. After that we have properties with 1 bedroom priced at $132,171.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $188 / sq.feet price in Ridgeland. The properties with the highest average prices have 1 bedroom. They are 415 % more expensive than the average followed by properties with 4 bedrooms with a price at $927 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $570,901 it is 78 % 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 $126,712 it is 67 % 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 $93 / sq.feet followed by "Office" priced at $922 / sq.feet. "Apartment" is the most costly type of property with a $927 / sq.feet cost followed by "Office" with an average price of $922 / sq.feet.
