Bloomingdale Real Estate Market Update August 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 5.77 months supply of inventory on the market in Bloomingdale on August 31, 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 19 days to sell Bloomingdale Condo, Townhouse or a Duplex. The number of home sales in Bloomingdale from July 1, 2018 through July 31, 2018 was 39 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 0% no change from last month.

In Bloomingdale there were 11 units sold in July in the price range between $131,250 – $202,126 with an average of 1.9 bedrooms and 1.4 bathrooms and average Square footage of 1,123SF.

In Bloomingdale there were 25 units sold in July in the price range between $202,127 – $401,500 with an average of 3.6 bedrooms and 2.2 bathrooms and average Square footage of 2,077SF.

In Bloomingdale there were 3 units sold in July in the price range between $401,501 – $530,000 with an average of 4 bedrooms and 2.7 bathrooms and average Square footage of 2,914SF.

The low price range had the most activity. Homes up to $202,126 were on the market on average 16 days and sold an average of $157,140.

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!