Hitting a record low dating back to April, 43 homes were sold in the Park Ridge market over the last 30 days. This represents a 2.3% decrease and comes on top of a three-week steady downturn in sales activity. In comparison, Chicago led all other nearby municipalities with 2,488 sales. The median sales price climbed to $371,000, up from last week's $359,450. Park Ridge is a definite buyer's market with seven months of inventory to choose from, aided by the downturn in sales.
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