Property prices for sale in Ridgewood (New York)

The prices in real estate in Ridgewood, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$1,086,153.67
Average price last 6 months
$532.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ridgewood has fallen in the last 6 months. In September, the average price per sq.feet was $565. In October this price pretty much remained the same at a value of $575 per sq.feet. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $552.25 to $493 during January, and February.

Average price

Based upon to the price in Ridgewood (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $1,019,084. In October This price remains at $1,015,919. During the following two months (November, December) the price has had an average incrementation from $1,017,501.5 to $1,119,240.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,068,371 and $1,121,719 between January and February.

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 $1,056,556 they are 44 % more affordable than the average price for Ridgewood. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,032,466.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $573 / sq.feet, with an average $504 / sq.feet price in Ridgewood. The properties with the highest average prices have 4 bedrooms. They are 776 % more expensive than the average followed by properties with 2 bedrooms with a price at $2,400 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,056,556 it is 5 % cheaper than the average price in Ridgewood. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $1,097,074 it is 51 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $1,233 / sq.feet followed by "Apartment" priced at $4,416 / sq.feet. "Land" is the most costly type of property with a $5,819 / sq.feet cost followed by "Apartment" with an average price of $4,416 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Ridgewood
Number of properties used in region New York
$1,056,556
$504
234
595,906
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value