It's been another busy week here in the Bloomington area. In addition to Bloomington South winning the State Championships, the market has been quite strong. Here are the numbers:- 85 New listings
- 22 Sales/closings
- 41 properties went pending
As for the new listings, here's the break down:
- 26 Condos/PUDs
- 7 Land listings
- 2 Commercial listings
- 50 Single family homes
The single family homes new to the market range in list price from $55,500 for a 1930's bungalow in Columbus to a $2,950,000 estate on Bloomington's East Side consisting of over 10 acres and 9200 square foot house. The majority of new listings are priced from $100,000 to $200,000 with only 5 listings priced over $400,000.
As for the week's sales, all were single family homes except one land and one commercial listing. Here are the numbers:
- 4 sold for under $100,000
- 5 sold from $100,000 to $150,000
- 6 sold from $150,000 to $200,000
- 2 sold from $200,000 to $250,000
- 1 sold for $298,000
- 1 sold for $415,000
- 1 sold for $491,076 (interesting price)
As for the newly pending properties, many were in the higher price range from the $300's to the $500's.
Interest rates ended the week still below 5% with many lenders so the spring market is looking strong for Bloomington for both buyers and sellers.
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