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RIDGE MEADOWS RESALE MARKET SUMMARY
MLS Resale Highlights
Total listings and resales have increased by 89 and 11, respectively, when compared to the Fourth Quarter of 2022
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The average sales value per square foot for Low Rise units and Townhomes increased by $4 and $43 since the same quarter last year
The average sales price of a one bedroom Low Rise unit increased by $46,018 but it decreased by $51,214 for a two bedroom Low Rise unit when compared to the same quarter last year
The lower bound of the sales range for Low Rise products increased by $59,900 but the upper bound decreased by $10,000 compared to the same period last year
The sales range has decreased by $3,000 on the lower end but increased by $44,000 on the higher-end over the past four quarters for Townhomes
Three bedroom Townhome units saw an increase in average price on sold units by $33,179 over the past year
