Bloomingdale Real Estate Market Update October 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 5.71 months supply of inventory on the market in Bloomingdale on October 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Bloomingdale last month was 45 days. It took on average 39 days to sell Bloomingdale Condo, Townhouse or a Duplex. The number of home sales in Bloomingdale from September 1, 2018 through September 30, 2018 was 31 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 $125/Sq.Ft, which is 0% an increase from last month.

In Bloomingdale there were 12 units sold in September in the price range between $100,000 – $195,348 with an average of 2.3 bedrooms and 1.3 bathrooms and average Square footage of 1,432SF.

In Bloomingdale there were 16 units sold in September in the price range between $195,349 – $502,847 with an average of 3.1 bedrooms and 2 bathrooms and average Square footage of 2,038SF.

In Bloomingdale there were 3 units sold in September in the price range between $502,848 – $715,000 with an average of 5.3 bedrooms and 4.1 bathrooms and average Square footage of 4,568SF.

The low price range had the most activity. Homes up to $195,348 were on the market on average 47 days and sold an average of $168,316.

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!