Thursday, May 26, 2016

Park Ridge single family home sales (units up 23%)

Park Ridge City Hall.  All Photos Eric Rojas, Broker, Kale Realty

Park Ridge is a thriving Chicago suburb offering a diverse stock of single family homes.  Many of our Chicago clients are from Park Ridge (or nearby) and find themselves moving back with their growing families.  Some clients just need to be near downtown and like the more suburban feel and desirable public schools of the established village with great amenities.

Park Ridge Single Family Home Sales Jan 1st through March 25th, 2016
158 single family homes closed from January 1st through March 25th this year. The median price is about $400,000.  Unit sales are up about 23% over the same period last year while median price is down about $20K.

Homes near the two Metra stations demand a premium.
The lowest sold price this year is $161,500 for 1912 S Fairview Ave, Park Ridge, Illinois 60068.  The two bedroom ranch needs work but is an overall great deal. The highest selling price was $1,345,000 for 811 Vine Ave, Park Ridge, Illinois 60068. The four bedrooms new construction home sits on a 50'x 177' lot near the Edison Park Metra station to downtown Chicago.

Gorgeous custom built homes line many streets of Park Ridge
110 single family houses are under contract as of this writing with a median asking price of $469,000.  214 single family homes are currently listed for sale with a median asking price of $499,000.  

All sales stats gathered from and interpreted by Eric Rojas, Broker, Kale Realty.  To find or sell a property in Chicago and the near suburbs please contact us.

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