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RIDGE MEADOWS RESALE MARKET SUMMARY
MLS Resale Highlights
Total listings have increased by 41 while resales have decreased by 126 when compared to the First Quarter of 2022
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The average sales value per square foot for Low Rise units and Townhomes decreased by $88 and $122 since the same quarter last year
The average sales price of a one and two bedroom Low Rise unit decreased by $45,922 and $108,667, respectively, when compared to the First Quarter of 2022
The lower bound of the sales range for Low Rise products decreased by $42,000 and the upper bound decreased by $133,900 compared to the same period last year
Since the First Quarter of 2022, the lower and upper bound of the sales range for Townhome product decreased by $160,100 and $360,000, respectively
Three bedroom Townhome units saw a decrease in average price on sold units by $184,924 over the past year
