Friday, April 17, 2009

Market Update for the Week Ending April 17th

On the national level, 10 of the top national markets are showing signs of improvement in the past month. What if they had all of the economic benefits of Bloomington Indiana! Here are the week's numbers:
  • 92 New Listings (93 last week)
  • 27 Sales (28 last week)
  • 38 Pending Sales (66 last week)

The numbers stayed basically the same from last week with the exception of new pending transactions. This can be due to the fact that many Americans spent this past week scrambling to get their taxes together before the 15th deadline...myself included.

Here's the breakdown of the new listings:

  • 6 Condo/PUD's
  • 11 Land Listings
  • 5 Commercial Listings
  • 70 Single Family Homes

Breaking down the prices of the new single family listings:

  • 2 priced over $1M
  • 2 priced in the $500K's
  • 3 priced in the $400K's
  • 2 priced in the $300K's
  • 17 priced in the $200K's
  • 11 priced from $150K to $199K
  • 19 priced from $100K to $149K
  • 10 priced under $100K

The sales of the week ranged in price from a $29,900 manufactured home on a third of an acre in Linton all the way up to a $2,000,000.00 commercial listing on Rogers Street. Here's the price breakdown:

  • 1 sold in the $400K's
  • 8 sold in the $200K's
  • 11 sold in the $100K's
  • 6 sold under $100K

Home staging tips and more are coming on Saturday and Sunday to the b-town Report. Have a great weekend!

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