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Bloomingdale Real Estate Market Update June 2018

By Author: John Herman
Total Articles: 93

Real Estate In Bloomingdale is a balanced market favoring buyers. There is significant amount of homes for sale in Bloomingdale, and buyers are not in a rush to buy yet. There is a 6.06 months supply of inventory on the market in Bloomingdale on June 30, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Bloomingdale last month was 31 days.
It took on average 17 days to sell Bloomingdale Condo, Townhouse or a Duplex.
The number of home sales in Bloomingdale from May 1, 2018 through May 31, 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 $136/Sq.Ft, which is 42% an increase from last month.

In Bloomingdale there were 12 units sold in May in the price range between $120,000 – $214,672 with an average of 2 bedrooms and 1.3 bathrooms and average Square footage of 1,213SF.

In Bloomingdale there were 24 units sold in May in the price range between $214,673 – $528,421 with an average of 3.8 bedrooms and 2.5 bathrooms and average Square footage of 2,475SF.

In Bloomingdale there were 2 units sold in May in the price range between $528,422 – $747,500 with an average of 4 bedrooms and 4 bathrooms and average Square footage of 3,636SF.

The low price range had the most activity. Homes up to $214,672 were on the market on average 16 days and sold an average of $155,158.

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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