Real Estate In Chicago Ridge is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.63 months supply of inventory on the market in Chicago Ridge on December 31, 1969.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Chicago Ridge last month was 43 days. It took on average 50 days to sell Chicago Ridge Condo, Townhouse or a Duplex.
The number of home sales in Chicago Ridge from August 1, 2019 through August 31, 2019 was 17 units. That is 1% above the number of homes sold last month in Chicago Ridge.
The average price per square foot in the area is now $110/Sq.Ft, which is 15% an increase from last month.


In Chicago Ridge there were 5 units sold in August in the price range between $61,000 – $110,835 with an average of 1.6 bedrooms and 1.2 bathrooms and average Square footage of 1,000SF.

In Chicago Ridge there were 8 units sold in August in the price range between $110,836 – $237,334 with an average of 2.9 bedrooms and 1.5 bathrooms and average Square footage of 1,298SF.

In Chicago Ridge there were 4 units sold in August in the price range between $237,335 – $314,000 with an average of 4 bedrooms and 2.8 bathrooms and average Square footage of 3,014SF.

The low price range had the most activity. Homes up to $110,835 were on the market on average 72 days and sold an average of $78,100.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Chicago Ridge. Search all Chicago Ridge homes for Sale on propertyup.com If you are considering viewing Chicago Ridge, you may want to do so now!

Chicago Ridge
Jul 1, 2019 – Jul 31, 2019
Aug 1, 2019 – Aug 31, 2019
Month
July
August
Average Listing Price
$172,851
$175,731
Median Sales Price
$141,071
$160,670
Month supply of inventory
6.5
5.6
Market Time Detached
39 days
43 days
Market Time Attached
28 days
50 days
Inventory
69 properties
62 properties
Low price range
$75,000 – $108,036
$61,000 – $110,835
Low price range market time
36 days
72 days
Low price range units sold
0
5
Low price range bedrooms
1.3
1.6
Low price range bathrooms
1.3
1.2
Low price range approx sqft
0 SF
1,000 SF
Mid price range
$108,037 – $192,535
$110,836 – $237,334
Mid price range market time
42 days
24 days
Mid price range units sold
2
8
Mid price range bedrooms
2.5
2.9
Mid price range bathrooms
2
1.5
Mid price range approx sqft
1,086 SF
1,298 SF
High price range
$192,536 – $244,000
$237,335 – $314,000
High price range market time
19 days
58 days
High price range units sold
2
4
High price range bedrooms
3
4
High price range bathrooms
1.5
2.8
High price range approxsqft
1,200 SF
3,014 SF