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RIDGE MEADOWS RESALE MARKET SUMMARY
MLS Resale Highlights
Total listings have increased by 38 while resales have decreased by 91 when compared to the Fourth Quarter of 2021
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The average sales value per square foot for Low Rise products increased by $55 while Townhomes decreased by $61 since the same quarter last year
The average sales price of a one bedroom Low Rise unit decreased by $7,644 while a two bedroom Low Rise unit increased by $44,277 when compared to the Fourth Quarter of 2021
The lower bound of the sales range for Low Rise products decreased by $19,000 and the upper bound decreased by $19,900 compared to the same period last year
Since the Fourth Quarter of 2021, the lower and upper bound of the sales range for Townhome product decreased by $21,900 and $104,250, respectively
Three bedroom Townhome units saw a decrease in average price on sold units by $22,501 over the past year
