Home Sales Low Point in Park Ridge Real Estate Market

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.

Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in Park Ridge:

$125K   $134K   $139K  

Get started right now by checking out Park Ridge homes for sale or reviewing Park Ridge real estate trends.

Demographic facts for Park Ridge:

  • The average age of the population is 44 years old.
  • The health cost index score in this area is 104.0. (100 = national average)
  • The area's commuter length breakdown is: <15 min (24.6%), 15-29 min (28.8%), 30-44 min (28.4%), 45-59 min (9.4%), >60 min (8.8%).

Data reported through 10/12/2016

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Betancourt Realty
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Betancourt Realty
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