Monday 16 July 2018

Bloomingdale Real Estate Market Update July 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 5.52 months supply of inventory on the market in Bloomingdale on July 31, 2018.


Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Bloomingdale last month was 22 days.
It took on average 51 days to sell Bloomingdale Condo, Townhouse or a Duplex.
The number of home sales in Bloomingdale from June 1, 2018 through June 30, 2018 was 38 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 $116/Sq.Ft, which is 37% a decline from last month.


In Bloomingdale there were 11 units sold in June in the price range between $112,000 – $192,216 with an average of 2 bedrooms and 1.3 bathrooms and average Square footage of 1,020SF.
In Bloomingdale there were 26 units sold in June in the price range between $192,217 – $466,215 with an average of 3.2 bedrooms and 2.2 bathrooms and average Square footage of 2,099SF.
In Bloomingdale there were 1 units sold in June in the price range between $466,216 – $660,000 with an average of 5 bedrooms and 4.1 bathrooms and average Square footage of 4,292SF.
The low price range had the most activity. Homes up to $192,216 were on the market on average 47 days and sold an average of $149,481.

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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