Monday 28 May 2018

Bloomingdale Real Estate Market Update May 2018


Real Estate In Bloomingdale is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.1 months supply of inventory on the market in Bloomingdale on May 31, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Bloomingdale last month was 54 days.
It took on average 31 days to sell Bloomingdale Condo, Townhouse or a Duplex.
The number of home sales in Bloomingdale from April 1, 2018 through April 30, 2018 was 28 units. That is 1% above the number of homes sold last month in Bloomingdale.
The average price per square foot in the area is now $118/Sq.Ft, which is 2% an increase from last month.


In Bloomingdale there were 7 units sold in April in the price range between $125,000 – $198,266 with an average of 2 bedrooms and 1.3 bathrooms and average Square footage of 1,227SF.
In Bloomingdale there were 16 units sold in April in the price range between $198,267 – $365,765 with an average of 3 bedrooms and 2 bathrooms and average Square footage of 1,805SF.
In Bloomingdale there were 5 units sold in April in the price range between $365,766 – $460,000 with an average of 3.8 bedrooms and 2.9 bathrooms and average Square footage of 2,785SF.
The low price range had the most activity. Homes up to $198,266 were on the market on average 27 days and sold an average of $158,785.

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 Bloomingdale. Search all Bloomingdale homes for Sale on propertyup.com If you are considering viewing Bloomingdale, you may want to do so now!

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