Park Ridge Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Park Ridge home sales for the month of February decreased in volume by 16.7% when compared to last year, while the median sale price decreased by 20.1% from $375,500 to $299,900. The number of Single Family homes sales decreased by 14.3%, while the median sale price decreased by 16.7% from $405,000 to $337,500. Condo/townhome sales decreased by 22.2%, while the median sale price decreased by 35.8% from $285,000 to $183,000.

» View homes for sale in Park Ridge   » View all recent sales in Park Ridge

Median Sale Prices for Park Ridge

450k
392k
399k
375k
376k
462k
422k
400k
430k
450k
417k
414k
424k
354k
569k
299k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Park Ridge

37
39
29
30
53
55
61
63
59
61
37
52
36
35
34
25
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Park Ridge

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 30 25 -16.7% 61 62 +1.6%
(Single Family) 21 18 -14.3% 48 45 -6.3%
(Condos/Townhomes) 9 7 -22.2% 13 17 +30.8%
Median Sale Price $375,500 $299,900 -20.1% $387,500 $445,000 +14.8%
(Single Family) $405,000 $337,500 -16.7% $402,500 $485,000 +20.5%
(Condos/Townhomes) $285,000 $183,000 -35.8% $310,000 $310,000 0%
Days on Market 33 46 +39.4% 28 54 +91.1%
(Single Family) 58 51 -12.9% 28 54 +92.9%
(Condos/Townhomes) 15 14 -6.7% 38 53 +39.5%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Park Ridge? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Park Ridge?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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