Distribution of sale prices for Park Ridge houses past year vs previous year
This afternoon I’m showing a buyer a house in Park Ridge. The chart above shows the distribution of Park Ridge houses sold in the past year compared to the previous year. The green bars show this past year’s sales. The black outline bars show the previous year’s sales. For both years the price range with the most houses sold was the $300K to $400K range.
However, sales surged this past year below $300K. Nearly 4 times as many homes were sold in the $200K to $300K price range.
The green and black dashed vertical lines represent median sale prices. This past year’s median sale price was 12% below the previous year’s median sale price.
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ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
