Wednesday, April 22, 2009

Average Home Sales Prices for Bloomington Are Up From the First Quarter of 2008


The first quarter of 2009 saw an increase in home prices for Bloomington. In the first three months of this year the average home price was $179,823. For the same time period in 2008 the average home price was $177,273.
Though this is a small increase in price of 1.438 %, any increase is welcomed as we see the economy healing and home buyers becoming more confident.
As for Monroe County, including Bloomington City, we saw an even larger increase in sales prices. For the first quarter of 2009 the average sales price was $177,935. For the same time frame in 2008 the average sales price was $171,594. That is an increase of 3.695%.